GE Capital Vet McCarthy Joins LBC as Managing Director
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 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 Credit Partners increased the Drake Automotive Group senior secured credit facilities to support Drake’s acquisition of Addictive Desert Designs.
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 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 provided a $60 million senior secured term loan to support the recapitalization of AirBorn.
LBC Credit Partners provided senior secured credit facilities to support Silver Oak Services Partners,) recapitalization of Integrated Oncology Network.
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 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.
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.
LBC Credit Partners provided a $35 million senior secured credit facility to support Tower Three Partners’ acquisition of Nurse Assist.