(PRWEB) September 24, 2012
Architectural Finish Systems, Inc. announced today that it has been acquired by an investment group, controlled by United Capital Funding Corp., Saint Petersburg, Florida. United Capital Funding is the leading provider of working capital and credit management solutions for small and medium sized privately owned businesses in the United States.
In addition to the acquisition of Architectural Finish Systems, United announced an additional significant financial investment to expand the Powder coating capacity of Architectural Finish Systems, Inc. The additional investment includes expansion of the facility at 12900 34th Street North, Clearwater, Florida and the purchase of additional state of the art tools to assist in the future expansion of Architectural Finish Systems. “We are very excited about the new ownership and the significant investments they have already made to help us expand” noted Jamie Hickey, General Manager of Architectural Finish Systems, Inc. “They are committed to the long term goal of ensuring that we remain the one of the leading Powder Coating operations in the Southeastern United States.” Chris Youmans, President of United Capital Funding remarked “We have known and provided funding to Architectural Finish Systems, Inc. since 2009 and are looking forward to our involvement to expand Architectural Finish Systems, Inc. in the future.
About Architectural Finish Systems, Inc. and Casual Patio
Architectural Finish Systems, Inc. (http://www.casualpatio.com) is a well recognized and respected leader in the Powder Coating industry in the United States today. Formed in 1997, Architectural Finish Systems, Inc. offers a full spectrum of services including media blasting, paint stripping, custom hanging, masking solutions and pretreatment and cleaning. It currently has one of the largest batch ovens located in the United States, and has the capacity to coat parts and medium up to 64 feet in length. It also has a 1000’ automated line including a six stage wash, dry off and gel station. Architectural Finish Systems, Inc. adheres to the highest standards as set by industry associations including PCI, and is ecofriendly utilizing biodegradable powders in its applications. Along with its partner firm, Casual Patio, Architectural Finish Systems in located at its 31,000 square foot facility in Clearwater, Florida. Additional information on the professional services provided by Architectural Finish Systems, Inc. and Casual Patio are available online at their website: http://www.floridapowder.com; via email at jhickey (at) casualpatio (dot) com or by telephone at (727) 561-9334, extension 14.
About United Capital Funding Corporation
United Capital Funding Corp. (http://www.ucfunding.com) is the leading professional Accounts Receivable funding, and AR management services based firm in the United States today. Providing solutions with Intelligent.Working.Capital, since 1997 United has successfully provided funding of nearly $1.6 billion to entrepreneurial firms with annual revenue from startup stage to over $50 Million. United possesses the financial resources to serve firms seeking to improve their cash flow and reduce costs. United is headquartered in the Tampa Bay area, and also has regional office in Nashville. Additional information on the specialized business financial services provided by United, including factoring, Accounts Receivable management, and working capital are available online at their website; http://www.ucfunding.com; via email at mark (at) ucfunding (dot) com; or by telephone (877) 894-8232.