2025 News
Antonucci Foods Acquisition in Upstate New York Financed by WBC’s $5.4 Million USDA Loan
GLOVERSVILLE, NEW YORK, April 21, 2025 - WorldBusiness Capital, Inc. (WBC) announced the closing of a $5.4 million long-term loan to New York’s Antonucci Foods. Proceeds financed the acquisition and expansion of the 40+ year-old food distributor, which serves a 120-mile radius from its Gloversville base. Wes Abram, the company’s president and co-owner, thanked WBC and investment fund Talus Holdings for their role in financing the buyout. Colin Heneghan, WBC’s Senior Vice President of Commercial Lending, commented that WBC is excited to help Antonucci’s continue its tradition of providing New York’s citizens with fresh meat, seafood, and produce.