Old Second Bancorp Inc.'s division, O2 Sponsor Finance, has announced the provision of senior secured credit facilities to back San Francisco Equity Partners (SFEP) in its majority investment in Formula Corp. Formula Corp, established in 1983, is renowned for its innovative custom blended cleaning products catering to both consumer and professional markets. The company is noted for its sustainable product formulations and eco-friendly packaging solutions. SFEP, a private equity firm based in San Francisco, focuses on partnering with lower middle market companies in the consumer value chain. The collaboration aims to leverage Formula Corp's expertise and capitalize on the growing demand for sustainable cleaning products.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Old Second Bancorp Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 1069316) on September 08, 2025, and is solely responsible for the information contained therein.