Daily News: January 10, 2018

LBC Supports AE Industrial FMI Acquisition


LBC Credit Partners, a provider of financing solutions to middle market companies, served as administrative agent for senior secured credit facilities to support AE Industrial Partners’ acquisition of FMI.

Since 1992, Park City, KN-based FMI has been a supplier of specialized components, primarily for the aerospace industry. It offers a full range of premium machining services and market-leading technologies and specializes in large scale parts and complex subassemblies for the aerospace industry.

AEI is a private equity firm specializing in control-oriented investments in aerospace, power generation and specialty industrial businesses.