Assurance Mezz Completes Investment in Purpose First Group, LLC

By Assurance Capital Fund
December 7, 2017

Assurance Mezzanine Fund (“Assurance”) is pleased to announce its first investment in Purpose First Group, LLC ('PFG'), which closed in December 2017. PFG provides mill-work, cabinets, windows and countertops to multi-family, single-family and commercial markets within the states of Texas and Florida. PFG’s Texas operations are conducted through its wholly-owned subsidiary, Builder’s Choice, Inc, which is the largest family-run building supply distributor for home builders in the Houston area.

Assurance provided financing for PFG to enter into a 50/50 joint venture with Florida-based TMD Windows & Doors and S&S Craftsmen. This joint venture allows PFG to enter the rapidly-growing Florida market and will also bring custom mill-work and cabinet manufacturing capabilities to its current customers.

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