LBC Credit Partners served as agent and sole lead arranger on an increase to the Albireo Energy senior secured credit facilities. The extra funding will be used to support the company’s acquisition of EMS Technologies.
GE Capital Vet McCarthy Joins LBC as Managing Director
January 31, 2019
LBC Credit Partners promoted John Jadach to partner and hired GE Capital vet Will McCarthy as managing director. The firm also promoted five on its investment and accounting teams.
LBC Supports Drake Automotive Acquisition of Addictive Desert Designs
January 10, 2019
LBC Credit Partners increased the Drake Automotive Group senior secured credit facilities to support Drake’s acquisition of Addictive Desert Designs.
LBC Provides Senior Secured Facilities to Albireo Energy
December 12, 2018
LBC Credit Partners acted as agent and sole lead arranger on senior secured credit facilities for Albireo Energy, a Huron Capital-controlled company.
Deloitte Corporate Finance Advises AirBorn in Recap
November 13, 2018
Deloitte Corporate Finance LLC acted as the exclusive financial advisor to AirBorn, Inc. in its recapitalization with LBC Credit Partners and Wells Fargo Capital Finance.
LBC Credit Partners Supports Employee-Owned AirBorn Recap
October 24, 2018
LBC Credit Partners provided a $60 million senior secured term loan to support the recapitalization of AirBorn.
LBC Supports Integrated Oncology Network Recap
October 19, 2018
LBC Credit Partners provided senior secured credit facilities to support Silver Oak Services Partners,) recapitalization of Integrated Oncology Network.
LBC Supports America II Advanced MP Technology Buy
October 17, 2018
LBC Credit Partners increases the America II credit facility to $49.7 million to support the acquisition of Advanced MP Technology. America II is a portfolio company of Wynnchurch Capital.
LBC Credit Supports Liberty Party Rental Recap & Acquisition
September 14, 2018
LBC Credit Partners provided senior secured credit facilities to support the acquisition and subsequent recapitalization of Liberty Party Rental by CE Rental, a portfolio company of Dubin Clark.
Lending to Technology Companies: Collateral versus Cashflow?
September 4, 2018
As the U.S. changed from a manufacturing to a service-based economy, ABL lenders faced a growing array of challenges, including lending to software companies and coping with rapid hardware obsolescence. Hugh C. Larratt-Smith speaks with key lenders in this industry and learns how lending to technology has changed in the last 40 years.
