LBC Credit Agents Financing to Support Emtec Refi, Acquisition
LBC Credit Partners provided senior secured credit facilities to Emtec that were used to refinance the company’s existing debt and to acquire Summit Technology.
LBC Credit Partners provided senior secured credit facilities to Emtec that were used to refinance the company’s existing debt and to acquire Summit Technology.
IT consulting firm Emtec received new senior secured credit facilities from LBC Credit Partners.
LBC Credit Partners provided a secured mezzanine loan to support the acquisition of Techniks Industries by Audax Private Equity in partnership with the company’s management team.
LBC Credit Partners provided a $70.5 million senior secured term loan to refinance existing debt and support the acquisitions of Become and PriceGrabber by Connexity, a portfolio company of Symphony Technology.
LBC Credit said it served as agent and sole lead arranger for $97 million of senior secured credit facilities to support the combination of Monomoy Capital Partners’ portfolio companies, Escort and Cobra Electronics under new parent Cedar Electronics Holdings.
LBC Credit Partners said it provided a senior secured term loan to support the recapitalization and investment in Pride Family Brands by New Water Capital Partners.
LBC Credit Partners provided $43.5 million senior secured credit facilities to support the acquisition of North American Rescue by an affiliate of Blue Wolf Capital Partners.
LBC Credit Partners provided senior secured facilities to support the acquisition of Phase One Consulting Group by RLJ Equity Partners.
LBC Credit agented senior facilities totaling $83 million to support the recapitalization of C&K Components. Proceeds will also be used to refinance existing indebtedness and provide a dividend to shareholders.
LBC Credit Partners agented a term loan to support the recapitalization of Anexinet, a portfolio company of Marlin Equity Partners. LBC was sole lender for the transaction.