10 Oct, 2024

Coex Capital, a specialist equipment financier founded by former GE Capital

operatives Michael Burke and Craig Jones, has ruled off a joint equity and debt raise

led by specialist property fund manager Burtonwood Investment Partners and a big

four bank.

The Neu Capital-advised funding round, first

flagged by Street Talk, will see $18 million walk

through Coex’s doors, backed by Burtonwood,

existing shareholders and strategic investors

like asset finance broker Moody Kiddell &

Partners, crane rental company Tat Hong and

director Peter Lancken.

The financier has also secured a $200 million

securitisation warehouse which was

contingent on the equity component being

locked in. A major Australian bank provided the

senior funding while credit fund Alexander

Funds tipped in mezzanine debt.