St. Louis, MO, December, 2020
Capital For Business, Inc.® (CFB) is pleased to announce that it recently completed an investment in The IFH Group, Inc. (IFH). IFH is a fabricator of custom-designed metal tanks and reservoirs. The Company produces primarily hydraulic and fuel tanks utilized in off-road applications. IFH provides its manufacturing, powder coating and value-added assembly services to original equipment manufacturers and primarily serves utility, material handling, agriculture, construction, and military equipment manufacturers that utilize a hydraulic tank to create power or a reservoir to store liquid and fuel.
CFB provided a subordinated note and equity investment alongside Aldine Capital Partners (Chicago, IL) and The Mendota Group (Madison, WI).
About Capital For Business
Capital For Business (CFB) is a St. Louis-based private investment firm owned by Commerce Bancshares, Inc. focused on providing capital to middle-market businesses with proven management teams and a high potential for growth. Founded in 1959, CFB is one of the oldest small business investment companies (SBICs) in the nation, and has invested in numerous companies across a wide range of niche consumer, commercial, distribution, manufacturing, and service markets throughout the United States.