Gil-Bar Receives Strategic Investment from Intermediate Capital Group
Financial terms of the transaction have not been disclosed
NEW YORK — Gil-Bar Industries announced that it has received a strategic investment from Intermediate Capital Group (ICG). ICG will work in partnership with Gil-Bar’s management team to support the firm’s growth initiatives. Financial terms of the transaction have not been disclosed.
“We are very pleased to partner with ICG as we move into the next phase of Gil-Bar’s evolution,” said Joe Sbarra, founding partner, Gil-Bar. “Having co-founded the business in 1986, I am proud of what we have accomplished to date. Gil-Bar is well-positioned for the future, and with ICG’s capital and experience, I am excited about what we can achieve together.”