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Rocklin, CA - November 16, 2007 - The Central Valley Fund ("CVF"), a private investment firm focused on mid- to late-stage companies, is pleased to announce that it has successfully completed a mezzanine investment of $2.2M in Delta Horseshoe Company ("Delta").
The capital will be used to support a recapitalization of the company. Delta will remain under the support of the existing management team.
Founded in 1984, Delta is a leading marketer and distributor of farrier and horse care products to the equine industry. Such products include horseshoes, horseshoe nails, tools, and other hoof care products.
Ed McNulty, a partner with the Central Valley Fund, stated, "Loet and Remco van der Linden and their management team have built a very solid company based on quality products and first-rate customer service."
Loet van der Linden, Delta's founder and Chief Executive Officer, remarked, "We are pleased to partner with the Central Valley Fund as we continue to expand our range of products and position Delta Horseshoe Company as a global industry leader." |
About The Central Valley Fund
The Central Valley Fund was established by the principals of Gael Partners, LLC to finance later stage growth through mezzanine and preferred equity investments. The fund has offices in Davis, CA and Fresno, CA. It is focused on making investments in California's Central Valley and throughout the state. For more information, please visit www.centralvalleyfund.com.
About Delta Horseshoe Company
Delta Horseshoe Company has been providing quality farrier-related products since 1984. It is committed to every aspect of the farrier industry and keeps in constant communication with a worldwide network of manufacturers and farriers in order to provide its customers with the best and most current products available. www.deltahorseshoe.com |
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The Central Valley Fund Ed McNulty, Partner emcnulty@centralvalleyfund.com
(530) 757-7004 x226 |