AMERANT BANK PROVIDES FINANCING TO FRESCO RETAIL GROUP, LLC FOR THE ACQUISITION OF FRESCO Y MÁS OPERATIONS AND LOCATIONS
AMTBAmerant Bancorp (AMTB) Newsfilter·2024-01-30 01:14

CORAL GABLES, Fla., Jan. 29, 2024 (GLOBE NEWSWIRE) -- Amerant Bank, the largest community bank headquartered in Florida, led the financing of a $120 million loan to Fresco Retail Group, LLC, an investment group strategically focused on food and grocery, for the acquisition of Fresco y Más from Southeastern Grocers Inc. (SEG). The transaction encompasses the entire Fresco y Más portfolio. As a Florida-based grocery chain founded in 2016 in Hialeah, Fla., Fresco y Mas offers food and grocery goods at compelli ...