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PineBridge Private $106MM Credit Facility to SCA Sweeping Corporation of America

July 01, 2019, 08:00 AM
Filed Under: Industry News

Sweeping Corporation of America ("SCA"), a Soundcore Capital Partners portfolio company, announced that it has recently entered into a $106,000,000 credit facility led by PineBridge Private Credit ("PineBridge"). PineBridge served as the sole lead arranger and administrative agent for the facility, which will provide support for upcoming add-on acquisitions and growth initiatives.

"SCA has grown rapidly, acting as a leader in the self-performing power sweeping space, both through organic growth and acquisition," said John Landefeld, Chief Financial Officer of SCA. "We plan on continuing to expand within our existing footprint and continue to look for best in class operators to partner with in new markets. We look forward to working with PineBridge to execute on this strategy."

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