April 2017 – MCRC Announces a New Investment in Baynes Electric Supply

Baynes Electric Supply

MCRC is pleased to announce a new investment in Baynes Electric Supply, located in West Bridgewater, MA. Family owned and operated for over 60 years, Baynes Electric is a leading, independent wholesale distributor of electrical and lighting products, serving local and regional electrical contractors as well as national retailers. MCRC’s subordinated note investment provided the company with additional capital to support growth with new and existing customers.

For more information, visit their web site http://www.bayneselectric.com/.

ABOUT MCRC

Massachusetts Capital Resource Company invests in established emerging growth and middle market companies in Massachusetts. Our mezzanine investments fill the financing gap between traditional senior debt and equity. We help companies fund strategic acquisitions and growth initiatives, and strengthen their balance sheets.

For more information, please visit our web site www.masscapital.com or call us at
617-536-3900.

By |2017-08-02T19:12:01+00:00April 1st, 2017|Newsletters|0 Comments