Daily News: July 31, 2017

LBC Supports MPE Partners’ Investment in Dreamline


LBC Credit Partners provided senior secured credit facilities to support MPE Partners’ investment in Bath Authority d/b/a DreamLine.

LBC served as agent and sole lead arranger for the senior secured credit facilities.

Headquartered in Warminster, PA, DreamLine is a technology-driven designer, manufacturer and marketer of premium shower products.

MPE Partners seeks to be the preferred partner for entrepreneur- and family-owned companies. Based in Cleveland and Boston, MPE Partners invests in profitable, lower middle-market companies with EBITDA between $5 million and $20 million. MPE Partners has two primary target investment areas: high-value manufacturing and industrial services.

Headquartered in Philadelphia, 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.