Penfund Invests $150M in Caliber

Feb. 18, 2019—Toronto-based junior capital provider Penfund has invested $150 million in Caliber Collision Centers, according to Business Chief.

Penfund joins a group of investors contributing a collective $600 million to Caliber, which currently owns and operates 655 collision repair centers across 19 states. 

Jeremy Thompson, a partner of Penfund, noted that Penfund has now provided financing to Caliber on four separate occasions and, following this transaction, has invested over $300 million in the company over the years.