GE Capital Franchise Finance (GEFF) announced it provided a $51 million credit facility to Giordano’s, a portfolio company of Victory Park Capital. GE Capital Markets served as administrative agent and joint lead arranger.
Founded in 1974 and calling itself the “originator of deep dish Chicago style stuffed pizza,” Giordano’s operates 16 units and franchises 31 units in the Midwest and Florida. The funds will be used to refinance existing debt and fund the development of new stores.
“We have a rich heritage of supporting the mid-market and advancing American businesses,” said Bill Kraus, a senior managing director with GEFF. “We’re pleased to support Giordano’s growth, a strong concept with a long history of successful operations and brand heritage.”
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