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At a Glance
Financing White Castle’s growth over the years
White Castle first began working with us in 2013, when they were seeking capital to fund the construction of their frozen food plant in Vandalia, OH.
Relationship since 2013
“We chose to work with Pricoa because they were, one, willing to learn about us and invest in our business. And two, because they were creative and provided some flexibility in how they structured the deal that fit into what we were doing and helped us achieve our goals.”
President and CEO, White Castle
White Castle partner story
The Full Story
Getting to know the business
As a hundred-year-old company, remaining relevant is always a challenge. Over the years, White Castle has continued to innovate and hold different growth objectives.
White Castle was looking for a partner that could provide longer term financing that synced up with their growth plans. Although White Castle historically worked with their bank provider, we spent time getting to know the Company, and saw the benefit of diversifying their capital sources with our long-term debt.
“What I really liked about Pricoa was that over the years we got to know one another. Even though it didn't make sense to be doing transactions at that time, we got to know one another, which was very important, especially with some of the unique combinations of businesses and the activities that we have.”
CFO, White Castle
Helping companies achieve their goals
Most recently, White Castle reached out to us to raise capital for the construction of their new headquarters, as well as other infrastructure projects. Our long-term, flexible capital offered an attractive financing alternative that matched these long-lived investments.
We’re proud of our partnership with this dynamic, ever-growing company, and we’re excited to see what the future holds for them.
Fast-casual restaurant chain completes minority recapitalisation
Relationship since 2014See the full story
More than meets the eye: A closer look at the most commonly used type of capital.
The Pricoa Private Capital Guide to Senior Debt.Learn More