LBC Credit Partners provided a $35 million senior secured credit facility to support Tower Three Partners’ acquisition of Nurse Assist.
LBC served as agent and sole lead arranger on the facility.
Founded in 1999 and headquartered in Haltom City, TX, Nurse Assist is a certified, FDA-registered manufacturer of medical devices and products that specializes in the production of U.S. Pharmacopeia sterile water and normal saline. Its products extend to four principal categories of medical devices: USP water and saline and infusion care products, convenience kits, interconnecting cables and patient safety.
Tower Three Partners is an operationally-oriented private equity firm that invests in a concentrated portfolio of U.S.-based middle market companies.
