|[November 05, 2012]
BankUnited Makes $40 Million Loan to Star Computer Group, Inc.
MIAMI LAKES, Fla. --(Business Wire)--
BankUnited (NYSE: BKU) provided a $40 million commercial loan to Star
Computer Group, Inc. to be used for working capital. The transaction
closed in late September.
Founded in 1994, Star Computer Group, Inc. operates as a smart phone and
computer products wholesale distributor based in Miami with additional
offices in Colombia, Mexico, Panama and Argentina.
"BankUnited is taking a leadership role in helping the South Florida
economy improve and we hae made assisting local businesses to support
their growth strategies a primary focus," said Nic Bustle, BankUnited
senior executive vice president, corporate and commercial banking.
CIMA (News - Alert) Capital Partners, LLC, acted as financial advisors to Star Computer
Group in this transaction. CEO Henry Waissmann and CFO Hugo Beltran are
principals of Star Computer Group.
BankUnited (NYSE: BKU), headquartered in Miami Lakes, Fla., provides a
wide range of commercial and consumer banking services to businesses and
consumers in 15 Florida counties through more than 95 branches. For
additional information, call (877) 779-2265 or visit www.BankUnited.com.
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