Daily News: December 12, 2018

LBC Provides Senior Secured Facilities to Albireo Energy


LBC Credit Partners acted as agent and sole lead arranger on senior secured credit facilities for Albireo Energy, a Huron Capital-controlled company.

The proceeds from the facilities will be used to support the refinancing of Albireo Energy and the add-on acquisition of Taylor Consulting & Contracting.

Albireo Energy provides building automation and integration solutions and energy services to commercial and institutional buildings nationally. Their solutions and services help building owners and managers improve efficiency and reduce operational costs while improving comfort for tenants.

Founded in 2004, Taylor Consulting & Contracting is one of the top ten largest energy management firms in the country. The company helps other companies find ways to save money on energy by acquiring utility and supplier data and using its proprietary systems to analyze how to optimize pricing options.

Founded in 1999, Huron Capital is an operationally focused private equity firm that has raised over $1.8 billion in capital through six committed private equity funds and invested in over 150 companies.

LBC Credit Partners provides middle market financing solutions, including senior term, unitranche, second lien, junior secured and mezzanine debt and equity co-investments, to companies located throughout North America across a wide range of industries.