Promontory Point Capital is pleased to announce our most recent client success with Naperville, Illinois-based Kitchens To Go.


"Closing this funding with PPC allowed the ownership group & management team to remain focused on the business. Thank you for your efforts!"
Steve Rubin
Partner
Kitchens To Go


Kitchens To Go is the industry leader in designing mobile and modular kitchen solutions to address temporary and permanent commercial and institutional food service needs. The Company serves a national client base in supporting their short and longer-term food service facility requirements through an owned fleet of portable units that provide cooking capacity, food preparation support, refrigeration space, and other customer-specific demands. Kitchens To Go has been selected to provide temporary kitchens for many of the top organizations in business and industry today including Disney, Eli Lilly, General Mills, Ikea, Micron Technology, Motorola, and many others. Promontory Point Capital was introduced to the owners of KTG as the team was interested in exploring funding alternatives to support the continued growth of their business. After PPC's review of the business, ownership objectives, growth plans, and resulting capitalization alternatives, a senior debt funding strategy incorporating a flexible capital expenditure line was determined as the best financing plan to pursue. The new financing structure arranged by Promontory Point Capital firmly positions the Company for further expansion as the country’s leader in interim commercial kitchen facility solutions.




Promontory Point Capital is a Milwaukee-based investment banking boutique focused on the needs of Midwestern privately-held businesses. Since being formed in 2004, our firm has helped over 80 companies explore financial and strategic alternatives for their business including the arrangement of debt and equity financing, the evaluation of business sale or recapitalization options, or the planning and execution of growth strategies involving acquisition, merger, or joint venture.

Situations where we have been helpful include:
  • Business owners and management teams wishing to better understand their options for exploring a full or partial sale of their business, a shareholder recapitalization, or the acquisition of another entity.
     
  • Financing needs encompassing bank financing, subordinated debt, and/or equity capital ranging from $5MM to $100MM to fund activities such as internal growth, expansion, shareholder redemptions, some level of senior debt repayment, or acquisitions.

We welcome your confidential inquiry and encourage you to visit our website at www.promcp.com for more information on our firm's capabilities and other client successes.
 

Chris Riegg
Partner
[email protected]
  Bill Penkwitz
Partner
[email protected]
  Steve Mayer
Partner
[email protected]

 


322 East Michigan Street, Suite 500
Milwaukee, WI 53202
414-225-0484