Gibraltar Provides $15MM Facility to Kinzie Capital for Acquisition of Chelsea Lighting

Gibraltar provided Chicago-based private equity group Kinzie Capital Partners with $15 million in acquisition financing for the acquisition of Chelsea Lighting, a New York-based lighting technology company.

“The level of engagement from Gibraltar’s senior leadership was pivotal in getting this deal done. The entire Gibraltar team was responsive, thoughtful and creative in addressing obstacles, which helped us to hit the target close date. We are grateful for Gibraltar’s partnership on this transaction,” Suzanne Yoon, founding and managing partner at Kinzie Capital Partners, said.

Gibraltar is an asset-based lending company.