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LBC Credit Partners Supports the Acquisition of Profile Custom Extrusions

October 06, 2021, 07:30 AM
Filed Under: Manufacturing

LBC Credit Partners provided a senior secured credit facility to support the acquisition of Profile Custom Extrusions, LLC, by KPS Mid-Cap Investments, an affiliate of KPS Capital Partners, LP.

Profile is a U.S. manufacturer of custom extruded aluminum profiles and related value-added services including painting, anodizing, thermal break and precision cutting. Profile provides a variety of custom extruded aluminum profiles to diverse end markets including residential and commercial construction, HVAC, hurricane protection, transportation, electrical and marine. Profile operates one strategically located manufacturing facility in Rome, Georgia.

KPS Mid-Cap focuses on investments in the lower end of the middle market that require up to $100 million of initial equity capital. KPS Mid-Cap targets the same type of investment opportunities and utilizes the same investment strategy that KPS' flagship funds have for nearly three decades. KPS Mid-Cap leverages and benefits from KPS' global platform, reputation, track record, infrastructure, best practices, knowledge and experience.

KPS, through its affiliated management entities, is the manager of the KPS Special Situations Funds, a family of investment funds with approximately $13.5 billion of assets under management (as of June 30, 2021). For nearly three decades, the partners of KPS have worked exclusively to realize significant capital appreciation by making controlling equity investments in manufacturing and industrial companies across a diverse array of industries, including basic materials, branded consumer, healthcare and luxury products, automotive parts, capital equipment and general manufacturing.

LBC served as Agent and Sole Lead Arranger for the senior secured credit facility.





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