Barings served as lead agent of senior secured credit facilities to support RFE Investment Partners’ portfolio company, LaunchPad Home Group, in its next phase of growth.
LaunchPad Home Group is a collective of regional home inspection and service brands that share resources, best practices and a capital base for mutual growth.
“Barings is pleased to continue our partnership with RFE and to support their portfolio company LaunchPad in the next chapter of the company’s growth,” said Scott Chappell, Managing Director in Barings’ Global Private Finance Group. “We are impressed by LaunchPad’s organic and inorganic growth to date, resulting in a scaled player in a fragmented market and driving value through its critical offerings to homebuyers.”
“The fragmented nature of the home inspection industry presents exciting opportunities, and LaunchPad is revolutionizing the industry through technology and post inspection services for the homeowner,” said Michael Rubel, Managing Partner at RFE. “We are pleased to have Barings as our financing partner to support further growth at LaunchPad.”
