LBC Credit Partners was agent and sole lender for a $12.5 million secured mezzanine loan to support the recapitalization of AFCO, a Larsen MacColl Partners portfolio company.
LBC Credit Partners was administrative agent and lead arranger for a $35 million term loan to support the recapitalization of MPI Products, a Monomoy Capital Partners portfolio company.
LBC Credit Partners announced the completion of a $35 million senior secured term loan to idX. LBC served as the sole lead arranger, sole bookrunner and administrative agent for this transaction.
LBC completed a $34 million senior secured term loan to Quintec, which was created through the merger of NAP GLADU with Techniks and BC Saw. The facility partially financed the merger.
LBC Credit Partners agented a $40.5 million senior secured credit facility for National Label Company. The financing was used to refinance existing debt and will provide support for future growth.
LBC Credit Partners said it served as joint lead arranger and syndication agent for a $50 million senior secured credit facility to support the purchase of the National Pain Institute by Prospira Pain Care, a comprehensive pain management company.
High atop the Cira Centre in downtown Philadelphia, big things are afoot. Though it doesn’t happen that often, today, the entire team that makes up middle-market lending house LBC Credit Partners is in the office; and there is the feeling of something electric in the air. ABF Journal decided to pay the company a visit to find out why.