MCRC is pleased to announce a mezzanine investment in Xtalic Corporation to support the Company’s growth plans. Based in Marlborough, MA, the Company provides proprietary products and services to leading OEM electronics companies that reduce corrosion and increase the reliability of connection points in smartphones and enterprise servers. MCRC’s investment was done in conjunction with an equity injection from existing investors, Matrix Partners and North Bridge Venture Partners.
For more information, visit the website www.xtalic.com.
ABOUT MCRC
Established in 1977, Massachusetts Capital Resource Company is a private limited partnership owned and funded by Massachusetts-based life insurance companies. MCRC provides junior capital to Massachusetts businesses, filling the gap between senior debt and equity. MCRC’s investments finance growth strategies, acquisitions, management buyouts and recapitalizations in a wide range of industries including manufacturing, distribution, consumer products, business services and technology.
For more information, please visit our web site or call us at 617-536-3900.