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Home Deal Announcements

LBC Supports SPC Acquisition of McNally Industries

bynadine
October 3, 2019
in Deal Announcements

LBC Small Cap served as administrative agent and sole lead arranger for an unitranche credit facility and equity co-investment to support Susquehanna Private Capital’s acquisition of McNally Industries.

Based in Grantsburg, WI McNally is a precision systems manufacturer to defense and industrial markets. McNally has an established history supporting various U.S. Department of Defense customers with missions across land, air, and sea.

“We are very excited to partner with the sophisticated professionals at SPC and experienced and motivated management team at McNally Industries,” said Don Rice, LBC Small Cap partner.

SPC is an affiliate of Susquehanna International Group, one of the world’s largest privately-held financial services firms.

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