Northwest Sponsor Finance ("NSF"), a division of Northwest Bank, announced that it has provided financing to support Great Range Capital ("GRC") in its acquisition of Citadel Security Group.
Citadel Security Group is a Nixa, MO based security company and one of the most trusted security providers in the industry. With operations in Colorado, Missouri, and Iowa, Citadel offers manned guarding, event security, and patrol services to various sectors including government, utilities, infrastructure, healthcare, retail, and residential markets.
"We were thrilled to partner with GRC and the Citadel team. The Company enjoys strong long-term relationships with its customers, who rely on the company for its expertise and experience" said Dan Delgadillo, Managing Director of Northwest Sponsor Finance.
About Northwest Sponsor Finance
Northwest Sponsor Finance, with offices in Chicago and Columbus, Ohio, provides senior secured cash flow loans to private equity-backed lower middle market companies throughout the United States. Northwest Sponsor Finance offers products that support the acquisition, recapitalization and growth investment efforts of private equity firms operating in the lower middle market and focuses on companies that generate EBITDA between $2 million and $10 million. Northwest Sponsor Finance is a generalist group concentrating on asset lite business models in the business and consumer services, consumer products, asset-lite manufacturing, and value added distribution sectors.
About Great Range Capital
Great Range Capital, a private equity firm based in greater Kansas City, primarily targets equity investments in Midwestern companies with revenues ranging from $20 to $150 million. Learn more at greatrangecapital.com.