May 1, 2019 – New Canaan Funding (“NCF”) provided financing to support the acquisition of AMS Fulfillment (“AMS”) by Fort Point Capital (“Fort Point”). NCF provided debt financing as part of this acquisition.
Headquartered in Valencia, California, AMS is a full-service outsourced logistics provider offering order management, warehouse and inventory management, reverse logistics and other value-added, complex fulfillment services to fast growing consumer products companies primarily in the beauty/cosmetics, apparel, footwear and accessories sectors.
New Canaan Funding, with offices in New Canaan, Connecticut, Wheaton, Illinois, and Naples, Florida, is a mezzanine firm focused on the middle market private sponsor community. Since its beginnings in 1995, NCF has targeted acquisitions, recapitalizations and growth financings in conjunction with its private equity clients. NCF is currently investing out of its sixth fund. The investment in AMS represents NCF’s tenth investment in the fund. This financing represents the first with Fort Point.
Fort Point is a Boston-based private equity firm with over 50 years’ collective experience that invests in and supports promising, service-oriented companies at the lower end of the middle market and helps them take the next step to accelerate their evolution and growth. Fort Point was founded on two beliefs: (1) maximizing a small business’s potential requires constant focus, expertise and nurturing and (2) working in close partnership with management teams is not only the most satisfying way to work but it also greatly improves the likelihood of a mutually successful outcome.
Contact and additional information for Fort Point can be found at https://www.fortpointcapital.com/.
Contact at New Canaan Funding:
Mark Thies
mthies@newcanaanfunding.com 203-966-1071 x225