Daily News: July 10, 2018

LBC Supports Wynnchurch Acquisition of CPS


LBC Credit Partners provided $76.5 million in senior secured credit facilities to support Wynnchurch Capital’s acquisition of Critical Process Systems Group (CPS).

LBC acted as agent and sole lead arranger on the facilities.

Headquartered in Boise, ID, CPS provides a broad range of products and services, including corrosive fume exhaust ducts and air flow control devices, high purity process utility modules, biopharmaceutical processing equipment and liquid, chemical, and gas storage, blending, and delivery control products.

Founded in 1999 and headquartered in Rosemont, IL, Wynnchurch Capital is a middle-market private equity investment firm that partners with companies in the United States and Canada.