PNC Announces Secured Financing Package for K2 Industrial Services

PNC announces a $30 million senior secured financing package to K2 Industrial Services, Inc., a portfolio company of Capital Resource Partners, a leading private investment firm headquartered in Boston.

K2 Industrial Services, based in Hammond, Ind., operates as one of the largest U.S. specialty contractors, providing industrial cleaning, coating and other maintenance services across a multitude of industries. The credit facility, which consisted of a $20 million revolving loan and a $10 million term loan, also provides for ongoing working capital needs.

To learn how PNC can deliver ideas, advice and solutions to help you achieve your goals, contact us today.

Christopher Briscoe
(800) 762-3369

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