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Alcentra Capital Provides $19MM to Lighting Retrofit International

October 21, 2016, 07:07 AM
Filed Under: Specialty Industries
Related: ALcentra Capital

Alcentra Capital Corporation announced that it has provided $19 million in debt and equity co-investment to Lighting Retrofit International, LLC to support an investment DFW Capital Partners and Arborview Capital.

LRI, a leading provider of lighting and water building efficiency services to government, institutional, and commercial customers.  With the building efficiency sector growing, this investment will allow LRI to take advantage of the burgeoning demand in the building efficiency services industry.  LRI was founded in 1991 and is headquartered in Gambrills, MD.

Alcentra is an externally-managed, closed-end, non-diversified management investment company that has elected to be regulated as a business development company under the Investment Company Act of 1940. Alcentra's investment objective is to generate both current income and capital appreciation primarily by making direct investments in lower middle-market companies in the form of subordinated debt and, to a lesser extent, senior debt and minority equity investments.

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