PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: General Electric Company

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

GE Capital Lends $11 Million to Vitaligent for Purchase of 77 Jamba Juice Units - GE Capital’s Franchise Finance business announced today that it has loaned $11 million to Vitaligent, LLC for the acquisition of 77 Jamba Juice units, making it the largest franchisee in the system -  GEFranchiseFinance.com
GE Capital Lends $11 Million to Vitaligent for Purchase of 77 Jamba Juice Units

 

NewswireToday - /newswire/ - Scottsdale, AZ, United States, 2015/08/05 - GE Capital’s Franchise Finance business announced today that it has loaned $11 million to Vitaligent, LLC for the acquisition of 77 Jamba Juice units, making it the largest franchisee in the system - GEFranchiseFinance.com. NYSE: GE

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Financial/Legal/Venture Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Vitaligent is a new company formed by David Peacock, former president of Anheuser-Busch, and Dean VandeKamp, a general partner at Cultivation Capital in St. Louis, MO. Peacock will serve as chair and VandeKamp will serve as CEO. Other Vitaligent lead investors include Terry Matlack, managing director and co-founder of Leawood, KS-based Tortoise Capital Advisors, and Paul Edgerley, managing director of Bain Capital Private Equity in Boston.

Vitaligent has purchased 73 corporate-owned locations in San Jose and Sacramento, CA, as well as four units in the St. Louis, MO-area owned by Peacock under the name ShowMe Smoothie LLC.

In total, there are 807 Jamba units in the U.S.; 601 are franchised and 206 are operated by Jamba, Inc. of Emeryville, CA.

“GE Capital took the time to really understand all aspects of the acquisition,” said VandeKamp. “We appreciate their professionalism and their restaurant industry expertise.”

“Vitaligent has a seasoned management team with a deep bench of talent in terms of finance and marketing,” said Zac Thayer, vice president of new relationship development with GE Capital, Franchise Finance. “This transaction demonstrates our continued commitment to the restaurant space. We want to do our part to help great operators and brands grow.”

About GE Capital, Franchise Finance
With more than 30 years of experience and $6 billion in assets, GE Capital, Franchise Finance (gefranchisefinance.com) is a leading lender for the U.S. franchise finance market. It specializes in financing mid-market, multi-unit operators in the restaurant and hospitality industries. Its team of industry experts helps operators realize their individualized growth plans. Customers also receive access to GE Capital, Franchise Finance’s proprietary industry research and cutting-edge digital tools.

GE Capital offers customers around the globe an array of financial products, services and insights to help them grow their businesses.

GE (ge.com) imagines things others don’t, builds things others can’t and delivers outcomes that make the world work better. GE brings together the physical and digital worlds in ways no other company can. In its labs and factories and on the ground with customers, GE is inventing the next industrial era to move, power, build and cure the world.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Financial/Legal/Venture Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: General Electric Company

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Financial/Legal/Venture articles,
CATCH Visitors via Your Competitors Announcements!


GE Capital Lends $11 Million to Vitaligent for Purchase of 77 Jamba Juice Units

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

GE Capital | Jamba Juice
Publisher Contact: Lisa Tibbitts - GE Capital Americas 
203-956-4582 / 203-803-6142 (mobile) lisa.tibbitts[.]ge.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any General Electric Company securities in any jurisdiction including any other companies listed or named in this release.

Financial/Legal/Venture via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From General Electric Company / Company Profile


Read Financial/Legal/Venture Most Recent Related Newswires:

Infinera to Participate in Upcoming Investor Conference
Propel Financial Services Partners with Clear Payment Solutions
Digital Payments Power Growth in Booming Asia-Pacific Financial Technology Landscape Notes Frost & Sullivan
Digital Readiness Key to Growth Opportunities in the Financial Services Market
Prairie Capital Advisors Announces The Sale of Cornerstone Treatment Facilities Network to An ESOP
Koch Agrees to Invest Over $2 Billion in Infor
FTI Consulting Recognized as a Top Service Provider in the Legal Industry
GE Completes Spin Off and Demerger of Bank BPH Core Bank to Alior Bank
ALM Expands Senior Leadership Team, Organization Focused on Customers and Transformation
Lazard Acquires Remaining 50% Stake in MBA Lazard - Fully Integrating its Latin American Operations
Western Union Business Solutions Announce Mark Davis As Head of Australia and New Zealand
Tabarak Investment Capital and Elite Capital & Co. Limited in Discussion to Finance Projects
Consulting Magazine Unveils the Profession’s Fastest Growing Firms At Inaugural Gala
Hills Invest Signs An Agreement with The Afore Profuturo in Mexico
TRA Searches for TPA Acquisition Opportunities

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  BizJobs.com

Visit  La Bella Bakery Artisan Bakery Arizona





 
  ©2016 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)