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Arctaris Impact Investors Recapitalizes $7.3M Cold Storage Facility in Pennsylvania Opportunity Zone

Jul 01, 2024•almost 2 years ago

Contract Type

partnership

MassachusettsOther Investment Fund

Description

Arctaris Impact Investors, LLC announced a $7.3 million equity investment in a specialty manufacturing and cold storage facility located at 1050 Talbot Avenue, Braddock, Pa. The investment is made in partnership with a multimillion-dollar commitment from Erie Insurance to fund companies and development projects in underserved communities.

Company Information

Company

Arctaris Impact Fund

Location

20 William Street

Massachusetts, United States

About

Arctaris Impact Fund : an opportunity zone investment leader. Arctaris provides capital to profitable, growth oriented businesses in underserved regions.

Predictive Intelligence
Strategic

ML-powered predictions for Arctaris Impact Fund's next move

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Agreement Insights

Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months

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