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Lakewood Organic received senior debt financing from Fifth Third Bank
Background: Lakewood Organics (“Lakewood”), based in Miami, FL, is an independent family juice company bottling a diverse line of pure organic and premium fruit juice products. Founded in 1935, Lakewood takes great pride in being a responsible steward of the Lakewood brand and holds true to its mission to provide the best quality juices to its customers.
Cassel Salpeter:
Served as financial advisor to the Company
Advised Lakewood in evaluating its financing options and provided assistance throughout the due diligence and closing process
Ran a targeted debt raise process, contacting 18 lenders
Challenges:
Assets held by different entities including the operating business, intellectual property, and real estate
Expedited timeline to close
Outcome: In May 2018, Lakewood Organics received senior debt financing from Fifth Third Bank to help support the Company in its pursuit of numerous growth initiatives.
https://www.casselsalpeter.com/wp-content/uploads/2018/07/Screen-Shot-2018-07-02-at-1.03.20-PM.png250250roaradminhttp://www.casselsalpeter.com/wp-content/uploads/2021/05/CS-Logo-for-Assets-Post-10-Year-Branding_Website_04.28.21_Draft01.pngroaradmin2018-05-01 17:04:082020-12-08 14:38:41Lakewood Organic received senior debt financing from Fifth Third Bank
