Solatube International
Solatube International, headquartered in San Diego, CA, is the premier developer, manufacturer and marketer of state-of-the-art high performance day-lighting systems for use in a wide range of residential, commercial and industrial buildings.
Capital Source: Praesidian Capital Investors
Transaction: Private placement of mezzanine capital
Description: Solatube International was seeking growth capital to construct a new manufacturing and sales facility in Shanghai, China, as well as fund other growth initiatives worldwide. After approaching a wide range of capital sources, a very attractive mezzanine finance transaction was funded by Praesidian Capital Investors out of New York. The flexible capital enabled Solatube to further expand its presence in the green-tech arena and become a major global player.
