Rockbridge Growth Equity has acquired Rapid Financial Services, which does business as RapidAdvance. Financial terms weren’t announced. Bethesda, Md.-based RapidAdvance provides capital for small business. Current investors Andrew Cherner, Jonathan Cherner and Steven Mandis will remain shareholders of the company.
PRESS RELEASE
DETROIT, Sept. 16, 2013 /PRNewswire/ —Â Detroit-based Rockbridge Growth Equity, LLC, has acquired Rapid Financial Services, LLC (doing business as RapidAdvance).
