Australian transportation and logistics company Rivet obtained a financing package, including a term loan from Boston-based Gordon Brothers Finance Company and Gordon Brothers, which refinanced existing facilities and facilitated the ownership transfer and expansion of its business. Rivet CEO Mark Rowsthorn acquired ownership of the firm, which has been in the process of restructuring.
“We were pleased to find a solution that allows us to control the business, stabilize operations and grow,” Rowsthorn said. “We look forward to continuing to serve our customers and are grateful to Gordon Brothers Finance Company and Gordon Brothers for the flexibility this financing affords.”