Saturday 6 April 2013

Commercial Capital Training Group’s Kris Roglieri Closes $34M Deal


Kris Roglieri is an expert in the field on commercial finance, and this is evident when you look at all he has accomplished over the last twenty years. He owns successful commercial finance companies Commercial Capital Training Group, Prime Commercial Lending, and Durham Commercial Capital.
Just recently, Kris Roglieri closed a $35M deal.

The deal was negotiated by Prime Commercial Lending to an undisclosed lender and Diamond Packaging LLC. It is no surprise that Kris Roglieri was behind the successful deal at Prime Commercial Lending. 

Diamond Packaging LLC is a packaging company out of Rochester, New York. It is also a 100-year-old company. In particular, Diamond Packaging LLC had a $34M capital stack and $24M in senior debt facility. The packaging company also had a revolving line of credit, term debt for equipment and the partner buyout. 

How was the deal closed? According to Kris Roglieri, an unnamed lender took at 24% stake in Diamond Packaging LLC. This, in turn, permitted buying partner Karla Fitcher to clutch the greater part of the interest without supplying equity to the transaction. 

This is just one example of the type of profitable transaction that Kris is able to make on a daily basis. In the past, he has been featured in many finance magazines such as Mergers and Acquisitions and The Business Review. He is definitely considered an expert in his field, and he is highly successful at closing multimillion dollar deals. 

If you would like to read more about Kris’ $34M deal, please visit the following website: http://www.primecommerciallending.com/news/prime-commercial-lending-featured-in-the-business-review-for-34-million-buyout-deal/.
Kris Roglieri was recently featured in both Mergers and Acquisitions and Forbes.

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