Citizens M&A Advisory served as the exclusive financial advisor to Flip Electronics on its recapitalization by O2 Investment Partners, a Bloomfield Hills, MI-based lower middle market private equity firm.
Capital Southwest agented a first lien term loan to support O2 Investment Partners’ investment in Flip Electronics. PNC Bank served as first-out lender on the transaction and provided a revolving credit facility. Main Street Capital also served as a last-out lender on the term loan.
LBC Small Cap, an affiliate of LBC Credit Partners, recently provided financing to support the growth of two U.S.-based lower middle market companies. In addition, the company added Chris Weidner to the investment team as a senior associate.
Tree Line Capital Partners provided a first lien term loan, revolver and equity co-investment to support O2 Investment Partners’ investment in Frontier Dental Laboratories.