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New Relationship
Coining, Inc. (“Coining” or the “Company”), was founded in 1965 and is based in Saddle Brook, NJ. Coining is a global, fully integrated manufacturer of complex, high tolerance microstampings, which are used for metal-to-metal, glass-to-metal and ceramic-to-metal joining in electronics. The Company’s products are ultimately used in a variety of electronic product and device markets including medical, industrial, photonic, aerospace and military. Coining was acquired by River Associates Investments LLC, Northstar Capital LLC and management in August 2007 with Northstar Capital LLC also providing subordinated debt.
MFC Capital Funding provided a $16,000,000 senior credit facility and a $100,000 equity co-investment to support this acquisition.
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