ORIX Growth Capital Invests in CustomInk
ORIX Growth Capital, in conjunction with Square 1 Bank, announced today an expanded banking and credit relationship with CustomInk, the leading provider of custom apparel and accessories for groups and communities. The credit facility will give CustomInk increased financial flexibility and allow the company to take advantage of future business opportunities, as needed.
“ORIX has been a terrific partner to CustomInk, and we’re delighted to expand that relationship to include Square 1,” said Kevin Cheetham, Chief Financial Officer for CustomInk. “CustomInk works with our customers to help them build a stronger sense of community, so community is central to everything we do, and we’re pleased to be part of such a strong financial community with ORIX and Square 1.”
“ORIX has recognized CustomInk’s leading market position and customer value since our relationship began in 2014,” said Jeff Bede, Co-Head of ORIX Growth Capital. “With CustomInk’s continued strong customer and financial performance, we are very pleased that Square 1 has joined us to support the company’s growth and success.”
Adam Glick, Senior Vice President of Technology Banking and Syndications at Square 1, added, “CustomInk’s passion for what they do is rooted in the belief that custom apparel can bring people together. That passion and their commitment to quality and customer service have been the foundation for the company’s success to date. We’re excited to team up with ORIX in support of CustomInk and proud to be part of their continued growth.”
Based in northern Virginia, CustomInk combines an easy online Design Lab with personal customer care to help its customers create the perfect design for any club, school, business, team or charity. Since its founding in 2000, CustomInk has expanded its product offerings and services, and has helped people create more than 75 million custom T-shirts. CustomInk employs more than 1,600 people nationwide and has opened or expanded five new facilities around the country in the last two years. CustomInk is consistently recognized as a top workplace and most recently ranked 58 on Fortune’s List of 100 Best Companies to Work For.
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