LBC Credit Partners provided a second lien term loan to CWD, 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 bookrunner for the loan.

Centric is a manufacturer and supplier of aftermarket brake and chassis components for passenger vehicles, light and medium duty trucks, fleet vehicles, high-performance vehicles and race cars. Its brand names include Centric, StopTech, Posi Quiet Fleet Performance and C-Tek. Through its StopTech and Qualis Automotive divisions, Centric also supplies components and systems to dozens of OEM and private label customers.

Audax Private Equity is solely focused on building leading middle market companies.

LBC Credit Partners is a provider of middle market financing solutions including senior term, unitranche, second lien, junior secured and mezzanine debt and equity co-investments supporting sponsored and non-sponsored transactions.