Keating Capital, Inc. has entered into a letter of intent to lead a pre-public round of financing to Industriaplex, Inc., a provider of outsourced supply chain management solutions to small and medium enterprises in the US and across the globe.
Founded in 1999, Alpharetta, Georgia-based Industriaplex provides its customers with commercial products such as material handling, retail fixtures, foodservice systems as well as consumer products including consumables, building materials, plumbing fixtures, specialty vehicles and accessories for vehicles.
Industriaplex sources the above mentioned products from factories in China, India, Taiwan, and Hong Kong.
Greenwood Village, Co.-based Keating Capital is focused on making minority, non-controlling equity investments in private businesses that are seeking growth capital and are committed to becoming public.
According to an official statement, the closing of the deal is still subject to some conditions, including the completion of due diligence and the negotiation and execution of a definitive agreement.
FinSMEs
21/11/2009
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