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MidCap Business Credit Closes $7MM Financing for Unipower

March 28, 2018, 07:00 AM
Filed Under: Energy Services

MidCap Business Credit completed a $7 million revolving credit facility for Unipower, LLC.   The facility was used to refinance the company’s existing senior debt and to support the company’s growth plans and working capital needs.

Headquartered in Coral Springs, FL, Unipower is a manufacturer and distributor of critical DC power systems and solutions.  It is a portfolio company of JMC Capital Partners, a lower middle market private equity investor.

Seth Cooper, Senior Vice President of MidCap Business Credit said, “We are excited to work with JMC Capital and their portfolio company Unipower.    We were able deliver a credit facility with a flexible structure that will allow JMC Capital and Unipower to address their current financing needs as well as meet their future financial objectives”


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