Brooks, Houghton Interim Funding Announces $3.0 Million Investment in Promotion In Motion, Inc.
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March 28, 2008 - BHC invested $3.0 million in Promotion In Motion, Inc. in the form of a senior subordinated note. The BHC proceeds are being used to recapitalize the business.
Headquartered in Closter, NJ, Promotion In Motion is a rapidly growing manufacturer, marketer and distributor of brand name and private label candy, fruit snacks and specialty foods. Products manufactured include Welch's® fruit snacks, Sun-Maid® milk chocolate raisins, Sour Jacks® sour candy, Creamsicle® candy twists, NASCAR® speed strips, Fisher® milk chocolate peanuts, and a full array of other brands.
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Φ BHC Interim Funding, L.P. – Φ Brooks, Houghton & Company, Inc. 444 Madison Avenue • 25th Floor • New York, NY 10022• Phone: (212) 753-1991 • Fax: (212) 753-7730 263 Tresser Boulevard • Stamford, CT 06901 • Phone: (203)-564-1979 • Fax: (203)-564-1402
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