Arandell Corporation

Milwaukee-based Arandell Corporation is one of the nation’s leading producers of high quality catalogs and brochures with a strategic focus on upscale retailers and direct mail merchandisers located throughout the United States. To attract sophisticated and discerning customers, leading retailers rely on Arandell for its marketing and collateral expertise including strategic catalog design, production, and direct mailing services.  For many businesses, 2020 had been a year like no other and Arandell Corporation also needed to navigate through a challenging environment given the Company’s consumer-driven end markets.  To support Arandell’s continued operations, Promontory Point Capital’s engagement included soliciting competing financing proposals from a broad spectrum of asset based lenders, non-bank sources of debt financing, and private equity firms.  The financing arranged by PPC through CIBC and LSQ Funding was closed in conjunction with the signing of an asset purchase agreement whereby Radnor, Pennsylvania-based Saothair Capital Partners would acquire a majority interest in Arandell Corporation.  This financing transaction closed during the third quarter of 2020.