Brooks Provisions, LLC, a Philadelphia, Pennsylvania-based wholesale food distributor, has received additional funding from one of its investors, Hancock Capital Management LLC.
The funding will enhance the company’s liquidity position.
According to Mr. Lance Wimmer, CEO at Brooks Provisions, “this investment, along with the implementation of a comprehensive operational and financial restructuring plan, will help to ensure Brooks’ return to sustained profitability.
Wimmer joined the company at the beginning of 2010 with the objective of improving its financial performance.
FinSMEs
24/03/2010