Los-Angeles based Lawrence Financial Group closed 20 transactions in the first half of 2016, totaling more than $75 million.

Highlights include:

  • $35 million for a  Los Angeles-based outdoor products group. The company is international in scope and will use its new financing for growth and expansion.
  • $7 million to a construction products firm. Founded in 1975 and located in Simi Valley, CA, the company will use financing to expand inventory import purchases.
  • $5 million for a reality TV producer. This group, operating from Burbank, CA, produces and distributes reality television shows.
  • $3 million for a golf products distributor. Based in Anaheim, CA, the firm continues its rapid expansion and needed funding.
  • $4 million for a biotech acquisition. The private equity group used the financing, together with its equity, to acquire a company which sells medical supplies.
  • $1 million subordinated term loan. The borrower supplies furniture, vanity bases and other types of cabinetry to hospitality chains such as resorts, hotels, senior living facility operators and other multi-family projects.

Other closings include:

  • Five factoring lines of credit for rapidly growing companies. These loans were structured as revolving facilities to a total of more than $5 million.
  • Four SBA loans for two fitness centers, an advertising agency and a post- production house were funded to a total of $3 million.
  • Three real estate placements for companies seeking additional capital infusion.
  • Two term loans to companies for the purchase of new manufacturing equipment.

Lawrence has assisted more than 1,000 companies to obtain financing for growth, expansion, acquisition and restructure.