Brook Furniture Rental, Inc. (“Brook”), headquartered in Chicago, Illinois, primarily rents furniture, accessories and related services to individuals, corporations and small companies in the “rent-to-rent” segment of the furniture rental industry. The “rent-to-rent” segments serve both corporate and individual customers who desire flexibility in meeting their temporary and transitional needs. Brook’s current key markets—, Los Angeles, San Francisco and Chicago, are all significant business centers. In addition, Brook has expanded into the Atlanta, Dallas and Washington, DC markets.
Merit provided subordinated debt with warrants to finance the recapitalization and expansion.