GREENWICH, Conn., June 08, 2016 — We are pleased to announce that Southfield Mezzanine Capital has made a subordinated debt and preferred equity investment in Rental Equipment Investment Corporation ("REIC") to support their acquisition of Pro Rental and Sales, Inc. REIC is an equipment rental company that provides construction and industrial equipment for rent, with 20 locations in the Mountain West region of the United States. Southfield partnered with NewSpring Mezzanine Capital, who led the investment.
Southfield is pleased to announce that Derrick Yu has joined our team as a Senior Associate. Derrick spent his previous six years with HSBC's Leveraged & Acquisition Financing group, focusing on high yield bond origination and acquisition debt underwriting across multiple sectors.
Steven A. Axel
Eric J. Sloane
Stephen J. Diverio
Derrick H. Yu