[CHICAGO] – O2 Sponsor Finance, a division of Old Second National Bank (NASDAQ: OSBC), capped off a busy 2024 with new financing activity. O2 Sponsor Finance provided senior secured credit facilities to support Branford Castle Partners (“Branford Castle”) in its acquisition of Hoffman Engineering (“Hoffman”).
Headquartered in Stamford, Connecticut, Hoffman Engineering is a global leader in the development and manufacturing of night vision test equipment, night vision imaging lighting systems and commercial aviation LED specialty lighting products. Since its inception in 1955, the Company has developed a strong brand reputation within the night vision sector and its products are utilized by the U.S. military, aerospace and defense OEMs, as well as by commercial airlines.
“O2 Sponsor Finance is pleased to partner once again with Branford Castle Partners on another attractive platform investment. Hoffman Engineering’s market-leading positions in mission-critical aerospace and defense applications and long track record of innovation provides a strong foundation for future growth,” said Thom Karle, Senior Vice President, O2 Sponsor Finance.
