LBC Credit Partners (“LBC”) announced the promotion of Homyar Choksi to Deputy Chief Investment Officer. Based in LBC’s Radnor, Pennsylvania headquarters, Mr. Choksi will continue to serve on the firm’s Investment Committee and lead the originations...
Read Story
January 26, 2024, 07:52 AM
|
LBC Credit Partners provided a senior secured credit facility to Ambient Enterprises, a portfolio company of Intermediate Capital Group (“ICG”). The financing helped support Ambient’s refinancing of its existing debt facility, the recent partnership...
Read Story
January 16, 2024, 07:06 AM
|
Star Mountain Capital announced that Chris Calabrese has increased his involvement with Star Mountain from an Operating Partner to a full-time role of Strategic Portfolio Partner. Star Mountain Senior Advisors / Operating Partners are aligned with...
Read Story
September 29, 2023, 08:03 AM
|
LBC Credit Partners provided senior secured credit facilities to support Comvest Partners' ("Comvest") investment in GAI Consultants Inc., ("GAI") in partnership with the leadership team and existing employee-owners.LBC served as Administrative Agent...
Read Story
December 07, 2022, 07:49 AM
|
LBC Credit Partners provided senior secured credit facilities to Hidden Harbor Capital Partners to support the acquisition of Machinery Services Corp. and Rapid Pump & Meter Services Co., Inc. (“MSC&RPM”).LBC served as Agent and Sole Lead Arranger...
Read Story
November 30, 2022, 07:18 AM
|
LBC Credit Partners and Sound Point Capital, two of the leading providers of financing solutions to middle market companies, provided a $180 million senior secured credit facility to Greenbelt Capital Partners to support the acquisition of Unirac...
Read Story
October 26, 2022, 07:38 AM
|
Sound Point Capital Management and LBC Credit Management provided a $180 million senior secured credit facility to Greenbelt Capital Partners to support the acquisition of Unirac, Inc. LBC served as Agent and Lead Arranger for the senior secured...
Read Story
October 20, 2022, 07:14 AM
|
LBC Credit Partners provided a senior secured credit facility to Aterian Investment Partners to support the acquisition of ATCO Industries, Inc.LBC served as Agent and Sole Lead Arranger for the senior secured credit facility.ATCO was family-founded...
Read Story
June 08, 2022, 07:46 AM
|
LBC Credit Partners provided a senior secured credit facility to support O2 Investment Partners’ investment in BerlinRosen.BerlinRosen is a fast-growing, full-service communications firm with more than 270 communications and campaign strategists in...
Read Story
March 11, 2022, 07:55 AM
|
LBC Credit Partners (“LBC”) provided a senior secured credit facility to support O2 Investment Partners’ investment in Capital Construction, LLC (“Capital”), and Capital’s subsequent investment in Irish Roofing & Exteriors, LLC (“Irish”).LBC served...
Read Story
March 02, 2022, 07:09 AM
|
CIFC Asset Management has entered into an agreement to acquire LBC Credit Partners (“LBC”), a leading middle market direct lending platform. CIFC’s acquisition of LBC follows a series of positive developments for the firm, which in 2021 grew its...
Read Story
December 13, 2021, 08:15 AM
|
LBC Small Cap, an affiliate of LBC Credit Partners, provided senior secured credit facilities to Premium Service Brands, a Charlottesville, VA based multi-brand franchisor and portfolio company of Susquehanna Private Capital ("SPC"). The investment...
Read Story
October 12, 2021, 07:40 AM
|
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...
Read Story
October 06, 2021, 07:30 AM
|
LBC Small Cap, an affiliate of LBC Credit Partners, provided senior secured credit facilities to Premium Service Brands (“PSB” or the “Company”), a Charlottesville, VA based multi-brand franchisor and portfolio company of Susquehanna Private Capital...
Read Story
September 29, 2021, 07:38 AM
|
LBC Credit Partners provided a senior secured credit facility to support the recapitalization of Unirac, Inc. by Tenex Capital Management. LBC served as Agent and Sole Lead Arranger for the senior secured credit facility.Unirac is North America’s...
Read Story
September 22, 2021, 07:42 AM
|
LBC Credit Partners provided a senior secured credit facility to support Morgenthaler Private Equity’s (“MPE Partners” or “MPE”) investment in Ideal Aluminum, LLC. LBC served as Agent and Sole Lender for the senior secured credit...
Read Story
August 18, 2021, 07:55 AM
|
LBC Credit Partners provided a senior secured credit facility to support the refinancing of Industrial Service Group (“ISG”) and add-on acquisition of Georgia Western, LLC. ISG is a portfolio company of PNC Mezzanine Capital, KCM Capital Partners and...
Read Story
July 13, 2021, 07:44 AM
|
LBC Credit Partners provided a senior secured credit facility to support the refinancing of Evercast, add-on acquisition of Precast Supply Company, and future acquisitions. Evercast is a portfolio company of PNC Mezzanine Capital and Cornerstone...
Read Story
June 11, 2021, 07:39 AM
|
LBC Credit Partners provided senior secured credit facilities to support the acquisition of Magnolia River International, Inc. by Warren Equity Partners.Founded in 2000 and based in Decatur, AL, Magnolia River provides inspection, engineering, GIS...
Read Story
May 05, 2021, 07:19 AM
|
LBC Credit Partners announced the final closing of LBC Credit Partners V, L.P. (“LBC V”), and a fund raised contemporaneously adding $808 million of equity commitments to the firm’s capital base. To date, LBC V has funded 28 investments and with...
Read Story
April 15, 2021, 07:42 AM
|
LBC Credit Partners provided a senior secured credit facility to support the acquisition of Northern Wholesale Supply, Inc. by Wynnchurch Capital, LLC. LBC served as Agent and Sole Lender for the senior secured credit facility.Founded in 1984, NWS is...
Read Story
March 10, 2021, 07:16 AM
|
LBC Credit Partners provided a senior secured credit facility to support the acquisitions of Diversified Air Systems ("DAS") and Swanson Flo, Co., by Motion & Control Enterprises, a portfolio company of Frontenac. LBC served as Agent for the senior...
Read Story
February 19, 2021, 07:40 AM
|
LBC Credit Partners provided a senior secured credit facility to support LightBay Capital’s investment in Rancho Family Medical Group.The investment from LightBay will allow Rancho Family to invest in new and existing care centers, as well as...
Read Story
February 03, 2021, 07:40 AM
|
LBC Small Cap, an affiliate of LBC Credit Partners, provided a senior secured credit facility and equity co-investment to support Susquehanna Private Capital, LLC’s (“SPC”) acquisition of Authority Franchise Systems, LLC (“Mosquito Authority” or the...
Read Story
October 27, 2020, 08:25 AM
|
LBC Credit Partners (“LBC”), provided a senior secured credit facility to support the investment in Rogers Mechanical Contractors, Inc. by Craft Work Capital Partners, LLC, a specialized joint venture backed by Aterian Investment Partners. LBC served...
Read Story
October 13, 2020, 08:00 AM
|
LBC Credit Partners ("LBC") provided senior secured credit facilities to support the refinancing of Sciens Building Solutions and the add-on acquisition of SmartWatch Security & Sound ("SmartWatch"). Sciens Building Solutions, a portfolio company of...
Read Story
October 25, 2019, 08:29 AM
|
LBC Credit Partners provided senior secured credit facilities to support the acquisition of e+CancerCare (e+) by Integrated Oncology Network, LLC (ION), a portfolio company of Silver Oak Services Partners, LLC.Founded in 2002, e+ is a leading...
Read Story
July 10, 2019, 08:30 AM
|
LBC Credit Partners provided a term loan to BioMatrix Specialty Pharmacy, LLC, a portfolio company of ACON Investments, L.L.C., (ACON) to refinance existing debt and to support an add-on acquisition.BioMatrix Specialty Pharmacy, LLC offers...
Read Story
May 01, 2019, 08:50 AM
|
LBC Credit Partners announced an increase in the Albireo Energy credit facility to support the acquisition of EMS Technologies (EMS). The purchase of EMS is the 10th add-on acquisition for the Albireo Energy platform since it was launched by Huron...
Read Story
February 15, 2019, 07:24 AM
|
LBC Credit Partners, a provider of financing solutions to middle market companies, announced the promotion of John Jadach to Partner and the hiring of Will McCarthy as Managing Director. Additionally, the firm announced several more promotions.
John...
Read Story
January 31, 2019, 08:16 AM
|
LBC Credit Partners (LBC) a provider of financing solutions to middle market companies, provided senior secured credit facilities to Albireo Energy, a Huron Capital controlled company, to support the refinancing of Albireo Energy and the add-on...
Read Story
December 11, 2018, 07:10 AM
|
LBC Credit Partners (LBC) provided a $60 million senior secured term loan to support the recapitalization of AirBorn, Inc.
AirBorn is a 100% employee-owned company through an Employee Stock Ownership Plan (ESOP) AirBorn's core business is...
Read Story
October 24, 2018, 07:16 AM
|
EDITOR'S NOTE: An earlier posting of this story contained an error in the headline, specifically the wrong borrower. We at ABL Advisor regret the error.
LBC Credit Partners provided senior secured credit facilities to support Silver Oak Services...
Read Story
October 23, 2018, 07:10 AM
|
LBC Credit Partners (LBC) announced an increase in the America II credit facility to $49.7 million to support the acquisition of Advanced MP Technology, Inc. America II is a portfolio company of Wynnchurch Capital, LLC.LBC served as Agent and Sole...
Read Story
October 18, 2018, 07:02 AM
|
LBC Credit Partners (LBC), a provider of financing solutions to middle market companies, provided a $60.0 million senior secured credit facility to support the acquisitions of Market Strategies International and Morpace Inc. (Morpace) by STG Partners...
Read Story
July 25, 2018, 07:11 AM
|
LBC Credit Partners (LBC), a provider of financing solutions to middle market companies, provided $76.5 million in senior secured credit facilities to support the acquisition of Critical Process Systems Group (CPS) by Wynnchurch Capital. LBC served...
Read Story
July 10, 2018, 07:12 AM
|
LBC Credit Partners, a provider of financing solutions to middle market companies, provided $41.0 million in senior secured credit facilities to support the acquisition of the aftermarket division of Cloyes Gear & Products, Inc. (Cloyes) by Hidden...
Read Story
May 31, 2018, 08:00 AM
|
LBC Small Cap SBIC, L.P. an affiliate of LBC Credit Partners, announced two additions to their team.Mark Tyson joined LBC Small Cap as Managing Director. He will be responsible for sourcing, structuring, and negotiating new investments as well as...
Read Story
February 02, 2018, 07:13 AM
|
LBC Credit Partners (LBC), a provider of financing solutions to middle market companies, announced the promotion of seven of its team members. Kevin Doogan has been promoted to Managing Director; Michael Hertz has been promoted to Director; Nevin...
Read Story
January 11, 2018, 07:28 AM
|
LBC Credit Partners (LBC), a leading provider of financing solutions to middle market companies, provided senior secured credit facilities to support the acquisition of F.M.I., Inc. by AE Industrial Partners, LLC (AEI). LBC served as Agent for the...
Read Story
January 10, 2018, 07:23 AM
|
LBC Credit Partners, a provider of financing solutions to middle market companies, provided senior secured credit facilities to support the acquisition of 4ONE LLC by United States Seating Company (USSC). USSC is managed by Dubin Clark & Company...
Read Story
December 13, 2017, 07:00 AM
|
LBC Credit Partners provided a $40.0 million senior secured term loan to Wynnchurch Capital, LLC to support the acquisition of America II Group, Inc. d/b/a America II Electronics, LLC.LBC served as Administrative Agent and Sole Lender for the senior...
Read Story
November 10, 2017, 07:22 AM
|
LBC Credit Partners (LBC), a provider of financing solutions to middle market companies, provided a secured global term loan facility to support the acquisition of Hufcor, Inc. by OpenGate Capital, a Los Angeles-based private equity firm.LBC served...
Read Story
October 17, 2017, 07:00 AM
|
LBC Credit Partners, a provider of financing solutions to middle market companies, provided $46 million in senior secured credit facilities to Life Science Holdings, LLC. The proceeds were used to refinance existing indebtedness and provide for...
Read Story
August 09, 2017, 07:08 AM
|
LBC Credit Partners, a provider of financing solutions to middle market companies, provided a senior secured term loan to support an investment in Stampede Meat, Inc. by Wynnchurch Capital, LLC and company management.
LBC served as Administrative...
Read Story
June 29, 2017, 07:18 AM
|
LBC Credit Partners (LBC), a provider of financing solutions to middle market companies, completed an increase to an existing credit facility to support the recapitalization of GSC Technologies (GSC) by an affiliate of New Water Capital Partners, L.P...
Read Story
May 25, 2017, 07:14 AM
|
LBC Credit Partners, a provider of financing solutions to middle market companies, provided a senior secured term loan to support the recapitalization of KL Outdoor (KL) by New Water Capital.LBC served as the Administrative Agent and Sole Lender for...
Read Story
April 25, 2017, 07:19 AM
|
LBC Credit Partners, a provider of financing solutions to middle market companies, provided a $56.0 million senior secured term loan to support the acquisition of Klaussner Home Furnishings by Monomoy Capital Partners.LBC Credit Partners served as...
Read Story
April 21, 2017, 07:15 AM
|
LBC Credit Partners (LBC), a provider of financing solutions to middle market companies, announced that Stephen Krawchuk has joined LBC as Managing Director and Head of LBC’s Western Region. He will be responsible for sourcing, structuring and...
Read Story
April 07, 2017, 07:10 AM
|
LBC Credit Partners (LBC), a provider of financing solutions to middle market companies, announced the promotion of two of its investment professionals. Ryan Rassin has been promoted to Managing Director and Matthew Alles has been promoted to...
Read Story
January 19, 2017, 08:23 AM
|
LBC Credit Partners provided a secured mezzanine loan to PPHC Holdings, Inc., a portfolio company of Milestone Partners. The proceeds were used to support the acquisition of Fleetwood Metal Industries, Inc.Founded in 1955, PPHC is a market leader in...
Read Story
October 27, 2016, 07:21 AM
|
LBC Credit Partners provided a second lien term loan to CWD, LLC d/b/a Centric Parts, a portfolio company of Audax Private Equity. The proceeds were used to refinance existing indebtedness. LBC Credit Partners served as agent, sole lead arranger and...
Read Story
June 08, 2016, 07:57 AM
|
LBC Credit Partners provided $40.0 million senior secured credit facilities to support the acquisition of SourceLink Acquisition LLC (“SourceLink” or the “Company”) by an affiliate of Aterian Investment Partners (“Aterian”). LBC Credit Partners...
Read Story
May 03, 2016, 08:08 AM
|
LBC Credit Partners, a leading provider of financing solutions to middle market companies, was selected by shareholders of Ameriqual Group, LLC to provide a senior secured term loan to support the recapitalization of the company. LBC Credit Partners...
Read Story
April 15, 2016, 08:14 AM
|
LBC Credit Partners, a leading provider of financing solutions to middle-market companies, provided a $35.0 million senior secured term loan to support the acquisitions of Construction Resources, Inc. and Builder Specialties, Inc. by Monomoy Capital...
Read Story
February 24, 2016, 08:01 AM
|
LBC Credit Partners provided a $12.5 million senior secured term loan to support the acquisition of HeathCo LLC (“HeathCo”) by Transom Capital Group (“Transom Capital”). HeathCo will operate as a standalone entity and focus on existing and planned...
Read Story
January 27, 2016, 07:53 AM
|
Emtec, Inc., a leading IT consulting firm providing industry-specific transformative digital solutions, announced that the company has received new senior secured credit facilities from LBC Credit Partners, a provider of financing solutions to middle...
Read Story
December 08, 2015, 07:52 AM
|
LBC Credit Partners ("LBC"), a leading provider of financing solutions to middle market companies, provided a secured mezzanine loan to support the acquisition of Techniks Industries ("Techniks") by Audax Private Equity ("Audax P.E.") in partnership...
Read Story
November 04, 2015, 07:06 AM
|
LBC Credit Partners ("LBC") provided a $70.5 million senior secured term loan to support the acquisitions of Become, Inc. (“Become”) and PriceGrabber.com (“PriceGrabber”) by Connexity, Inc. (“Connexity”), a Symphony Technology Group portfolio company...
Read Story
August 11, 2015, 08:00 AM
|
LBC Credit Partners ("LBC"), a leading provider of financing solutions to middle-market companies, provided $97.0 million of senior secured credit facilities to support the combination of Monomoy Capital Partners’ portfolio companies, Escort Inc. and...
Read Story
July 28, 2015, 07:59 AM
|
LBC Credit Partners provided a senior secured term loan to support the recapitalization and investment in Pride Family Brands by New Water Capital Partners. LBC Credit Partners served as agent for the senior secured term loan facility.Headquartered...
Read Story
July 22, 2015, 07:53 AM
|
LBC Credit Partners, a leading provider of financing solutions to middle market companies, announced the promotion of six of its investment professionals. Homyar Choksi has been promoted to Partner; Allan Allweiss and David Fraimow have been...
Read Story
July 08, 2015, 08:04 AM
|
LBC Credit Partners, a leading provider of financing solutions to middle-market companies, provided $43.5 million senior secured credit facilities to support the acquisition of North American Rescue ("NAR" or the "Company”) by an affiliate of Blue...
Read Story
June 10, 2015, 08:02 AM
|
LBC Credit Partners, a leading provider of financing solutions to middle-market companies, provided senior secured credit facilities to support the acquisition of Phase One Consulting Group by RLJ Equity Partners. LBC Credit Partners served as agent...
Read Story
February 24, 2015, 07:46 AM
|
LBC Credit Partners, a leading provider of financing solutions to middle-market companies, agented a $20.0 million second lien term loan to Defiance Metal Products Inc., a portfolio company of Taglich Private Equity LLC. Proceeds of the loan were...
Read Story
January 27, 2015, 07:44 AM
|
LBC Credit Partners ("LBC"), a leading provider of financing solutions to middle-market companies, agented senior secured credit facilities totaling $83.0 million to support the recapitalization of C&K Components, Inc., a portfolio company of...
Read Story
January 14, 2015, 07:27 AM
|
LBC Credit Partners, a leading provider of financing solutions to middle market companies, agented a senior secured term loan to support the recapitalization of Anexinet Corporation, a portfolio company of Marlin Equity Partners. Proceeds will also...
Read Story
November 12, 2014, 07:47 AM
|
LBC Credit Partners ("LBC”) announced the closing of LBC Credit Partners III, L.P. (“LBC III”) fund, with $839 million of equity capital commitments. This exceeded both its target of $650 million and its initial hard cap of $800 million. The new...
Read Story
May 30, 2014, 07:44 AM
|
LBC Credit Partners (“LBC”), a leading provider of financing solutions to middle-market companies, agented a second lien term loan to Diversified Maintenance Systems, LLC ("Diversified" or the “Company”), a portfolio company of Frontenac Company....
Read Story
May 07, 2014, 07:31 AM
|
LBC Credit Partners agented a $15 million second lien term loan to support the acquisition of Alliance Steel, Inc. The Company was acquired through Associated Steel Group, LLC (“ASG”), an entity formed for the purpose of consolidating the metal...
Read Story
February 20, 2014, 07:39 AM
|
LBC Credit Partners (“LBC”) agented a $42.5 million senior secured term loan to support the recapitalization of Senco Brands, Inc. ("Senco" or “the Company”), a Wynnchurch Capital portfolio company. Proceeds from the transaction were used to finance...
Read Story
February 03, 2014, 07:59 AM
|
LBC Credit Partners, a leading provider of financing solutions to middle market companies, announced the completion of a senior secured term loan to Soundview Paper Mills LLC , an Atlas Holdings LLC portfolio company. LBC was the Administrative...
Read Story
November 19, 2013, 07:58 AM
|
LBC Credit Partners announced the completion of a $15.0 million senior secured term loan to support the recapitalization of The Berry Company (“Berry” or the “Company”). LBC was Agent and Sole Lender for the facility which was provided in...
Read Story
September 24, 2013, 07:56 AM
|
LBC Credit Partners (LBC) announced that it was administrative agent and lead arranger for a $35 million second lien term loan to support the recapitalization of MPI Products, LLC (MPI), a Monomoy Capital Partners portfolio company acquired last fall...
Read Story
June 28, 2013, 07:35 AM
|
LBC Credit Partners announced the completion of a $35.0 million senior secured term loan to idX, a portfolio company of ACON Investments (“ACON”). The financing was used to refinance existing debt and will provide support for idX to continue the...
Read Story
May 15, 2013, 07:04 AM
|
LBC Credit Partners announced the completion of a $34 million senior secured term loan to Quintec, a portfolio company of Tenex Capital Management. Proceeds from the transaction were used to partially finance the merger of NAP GLADU with Techniks and...
Read Story
April 23, 2013, 08:05 AM
|
LBC Credit Partners (LBC), a leading provider of financing solutions to middle-market companies, announced the firm agented a $60 million senior secured term loan to High Performance Industries, Inc. (HPI), a portfolio company of New York based...
Read Story
April 10, 2013, 07:46 AM
|
LBC Credit Partners, a provider of financing solutions to middle market companies, announced that it provided a credit facility and an equity co-investment to support Frontenac Company’s investment in the Portfolio Group.
LBC Credit Partners was the...
Read Story
February 20, 2013, 08:04 AM
|
LBC Credit Partners served as joint lead arranger and syndication agent for a $50 million senior secured credit facility to support the purchase of the National Pain Institute by Prospira Pain Care (Prospira) and to continue developing Prospira’s...
Read Story
February 07, 2013, 07:57 AM
|
LBC Credit Partners, a provider of financing solutions to middle market companies, announced that it was a joint lead arranger, bookrunner and the documentation agent for a $127.5 million senior secured credit facility to support the recapitalization...
Read Story
December 05, 2012, 08:04 AM
|