Weintraub Firm Represents Private Fund in Preferred Stock Investment
Published: March 31, 2008
SACRAMENTO, Calif., March 31, 2008 –Weintraub Genshlea Chediak, a Sacramento-based business law and business litigation firm, represented the Central Valley Fund, a private investment fund with offices in Davis and Fresno, California, with a preferred stock investment of approximately $2.75 million in Source Holding Delaware, LLC. The investment was used to assist management in expanding the company’s shipping and storage logistics operations.
Source Holding Delaware, LLC based in Los Angeles provides logistics solutions for the storage and freight handling needs for Mexican and Latin American consumer products manufacturers exporting product throughout the United States. The company also utilizes a network of warehouses to assist in logisitcs. The Central Valley Fund was established by the principals of Gael Partners, LLC to finance later stage growth through mezzanine and prefered equity investments. It focuses on making investments in California’s Central Valley and throughout the state.
Shareholder Chris Chediak and associate Jeff Pietsch of the firm’s corporate and securities group assisted the Central Valley Fund with the investment. “We are pleased to work with our client Central Valley Fund to expand their investments and reach into the Los Angeles market,” said Chris Chediak.
Weintraub Genshlea Chediak is Sacramento’s leading business and litigation law firm with one of the largest corporate practices in the region. Major practice areas include litigation, real estate, corporate, securities, banking, intellectual property, licensing and distribution, nonprofit law, entertainment, labor and employment, fiduciary abuse, tax, trusts and estates.