Tag: financing. investment
QMES secures $175M in financing
March 6, 2018HME News Staff
NEW YORK - QMES has locked in a $157 million senior secured credit facility from CIT Group's consumer finance business. QMES, a portfolio company of Quadrant Management, a private investment firm based in New York City, will use the new credit facility to refinance legacy debt, support growth and make strategic investments, according to a press release. “This new credit facility will enable us to expand beyond our core markets and further solidify our position in our current markets,”...