Denver, CO (March 25, 2020) Sunflower Bank, N.A. is pleased to announce it provided $15 million in commitments to support the redemption of shares and future growth of QuickBox Fulfillment. The transaction closed in November 2019.
In this transaction, Sunflower Bank provided senior debt financing in connection with an investment made by Pike Street Capital. Additionally, Sunflower Bank provided QuickBox with a revolving line of credit in support of the company’s operations and future growth. QuickBox is a third-party logistics organization headquartered in Denver, Colorado.
“We’re pleased to have worked with the management team at QuickBox to meet the company’s debt financing needs,” said David Harper, Managing Director of Leveraged Finance at Sunflower Bank. “This transaction was completed in partnership with Pike Street Capital and demonstrates Sunflower Bank's expertise across industries and our ability to structure leveraged finance solutions for borrowers.”
Harper is responsible for identifying prospective leveraged finance and other corporate banking opportunities for Sunflower Bank. His career has included leadership roles in investment banking, private equity, operating companies, and commercial banking. He has been involved in more than 75 corporate finance transactions including M&A, private placements, public offerings, restructurings and cross-border opportunities. Sunflower Bank’s Structured Finance Group launched in June 2018 bringing together a team of experienced industry leaders to provide corporate finance services to clients and prospects with borrowing needs of $5 million to $20 million or more.
“Sunflower Bank worked closely with Pike Street Capital and the leadership at QuickBox to provide a seamless process for closing and funding the transaction,” said David Dandel, Managing Partner at Pike Street Capital.
About Sunflower Bank
Operating as Sunflower Bank, First National 1870 and Guardian Mortgage, Sunflower Bank, N.A. provides financial solutions to the individual communities it serves. With approximately $4 billion in assets as of December 31, 2019, headquarters in Denver, bank locations in six states, and mortgage capabilities in more than 40 states, Sunflower Bank, N.A. provides a full range of relationship-focused services to meet personal, business and wealth management financial objectives. Member FDIC. Equal Housing Lender. First National 1870 and Guardian Mortgage are divisions of Sunflower Bank, N.A.
Media Contact: Jeanne Lipson
VP, Marketing Manager
915-881-6785 | Jeanne.Lipson@SunflowerBank.com