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Home Deal Announcements

LBC Provides Credit Facilities to Machinery Services and Rapid Pump & Meter Services

byIan Koplin
November 30, 2022
in Deal Announcements

LBC Credit Partners, a provider of financing solutions to middle market companies, provided senior secured credit facilities to Hidden Harbor Capital Partners to support the acquisition of Machinery Services and Rapid Pump & Meter Services (MSC&RPM).

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

MSC&RPM is a Northeast facility services provider that focuses on pump, motor and other repair services for water, wastewater and other industrial applications. Based in Paterson, NJ, MSC&RPM offers comprehensive services to fulfill facility and project requirements for its customers and is fully dedicated to delivering 100% customer satisfaction.

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