GE Capital, Franchise Finance has provided a $25 million credit facility to an affiliate of private equity firm The Quilvest Group to purchase a stake in Anthony's Coal Fired Pizza Inc.
The financing includes a $17 million term loan and an $8 million revolving credit facility.
Anthony's Coal Fired Pizza opened its first store in Florida in 2002 and now has 32 locations throughout Florida, Pennsylvania, New Jersey, Delaware, New York and Connecticut.
The Quilvest Group has invested around $4 billion in more than 300 private equity and real estate funds and 150 direct investments.
"GE Capital proved to be a great choice for us," said Henrik Falktoft, partner, The Quilvest Group. "Their team was very supportive and knowledgeable about this market and that made for a better transaction."
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