LBC Small Cap provided senior secured credit facilities and an equity co-investment to support the acquisition of TalentSmart by Seaside Equity Partners.
LBC Small Cap served as agent and sole lead arranger for the senior secured credit facilities.
TalentSmart provides emotional intelligence training for clients ranging from the military to Fortune 500 companies.
“We are excited to partner with TalentSmart and Seaside Equity on this investment,” said Don Rice, Partner at LBC Small Cap. “TalentSmart is a dynamic, growing company, and their in-demand products demonstrate that emotional intelligence is a key ingredient for success, both in business and personal life.”
Seaside Equity Partners is a San Diego, CA-based, growth-oriented private equity firm that invests exclusively in leading lower middle market business services companies headquartered in the Western and Southwestern U.S.
LBC Small Cap is an affiliate of LBC Credit Partners.
