LBC Credit Partners provided senior secured credit facilities to support the refinancing of Sciens Building Solutions and the add-on acquisition of SmartWatch Security & Sound.
Sciens Building Solutions, a portfolio company of Huron Capital, was formed in 2016 to pursue a buy-and-build investment strategy in the fire detection and integrated solutions sector.
LBC served as agent and sole lead arranger for the senior secured credit facilities.
Headquartered in San Francisco, Sciens Building Solutions is a holding company focused on the fire detection and security services sector. This includes the design, installation, and provision of maintenance services for fire detection and clean agent fire suppression systems in a variety of commercial, institutional, and government facilities.
Founded in 2000, SmartWatch is a leading security, fire alarm and sound integrator servicing Orlando and the Central Florida area as well as specialty projects in the U.S.
Based in Detroit, Huron Capital is an operationally-focused private equity firm with a history of growing lower middle-market companies through their proprietary ExecFactor and buy-and-build investment models.
