Daily News: February 15, 2019

LBC Supports Albireo Acquisition of EMS Technologies


LBC Credit Partners served as agent and sole lead arranger on an increase to the Albireo Energy senior secured credit facilities. The extra funding will be used to support the company’s acquisition of EMS Technologies.

EMS designs, engineers, integrates and services highly technical energy management solutions, principally in Washington D.C. and Baltimore. In addition to its expertise in verticals such as government agencies, large commercial buildings, higher education, and healthcare, EMS has serviced over eight million square feet of mission critical/data center facilities.

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

The purchase of EMS is the 10th add-on acquisition for the Albireo Energy platform since it was launched by private equity firm Huron Capital.

Headquartered in Philadelphia, LBC Credit Partners provides middle market and small-cap financing solutions supporting sponsored and non-sponsored transactions throughout the U.S. across a broad range of industries.