LBC Credit Partners Supports Monomoy Acquisition of Klaussner

LBC Credit Partners provided a $56 million senior secured term loan to support the acquisition of Klaussner Home Furnishings by Monomoy Capital Partners.

LBC Credit Provides $35MM Term Loan to Support Monomoy Acquisition

LBC Credit Partners provided a $35 million senior secured term loan to support the acquisitions of Construction Resources and Builder Specialties by Monomoy Capital Partners.

BofA, LBC Credit Finance Monomoy Capital Acquisitions

Monomoy Capital Partners acquired Construction Resources and Builder Specialities. Bank of America and LBC Credit Partners provided financing for the transaction.

Monomoy Capital Adds Matusow to Distressed Debt Team

Monomoy Capital Partners, a New York private equity fund focused on value investing and business improvement in the middle market, announced that Jordan Matusow has joined the firm. Matusow will focus on sourcing Monomoy’s investments in the debt securities of distressed and underperforming businesses that can benefit from operational, financial and strategic improvement.

LBC Agents $97MM to Support Escort, Cobra Combination

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.

Monroe Capital Provides Facility to Support Escort Acquisition

Monroe Capital announced the funding of a $78.5 million senior secured credit facility to support the buyout of Escort by New York City private equity sponsor Monomoy Capital Partners.

LBC Agents Financing to Support Monomoy’s Recap of MPI

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 Provides $60MM Term Loan to High Performance Industries

LBC Credit Partners served as agent, sole lead arranger and sole bookrunner for a $60 million term loan to High Performance Industries. The proceeds increase an existing facility to support an acquisition and to fund a dividend recapitalization.