Announced

Tecum Capital invested in Wisconsin-based Gilman Cheese Corporation.

Synopsis

Tecum Capital invested in Wisconsin-based Gilman Cheese Corporation, a leading manufacturer of premium processed cheeses. The debt and equity support will be used Borgman Capital’s majority recapitalization of Gilman. Financial terms were not disclosed. Stephen Gurgovits, Jr., Managing Partner of Tecum, stated, “Borgman’s partnership approach, along with Tom and Char Hand’s passion and dedication for the business, and their community, is what got Tecum excited for this opportunity. Gilman offers a highly differentiated product and we look forward to continued success.” Matt Harnett, Partner of Tecum, added, “Gilman has a history of success focused on finding winning solutions for its customers, and we have the right team in place to build upon this legacy as we execute on our collective growth strategy.”

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