Twin Brook Capital Partners served as administrative agent on funding to support the refinancing of Atchafalaya Measurement, an add-on acquisition by Southern Petroleum Laboratories (SPL).
Atchafalaya Measurement provides measurement services to oil and gas companies in the United States.
Southern Petroleum Labs provides hydrocarbon production measurement services and is a portfolio company of IGP, a San Francisco-based private equity investment firm that invests exclusively in middle-market companies in the industrial and industrial services sector.
Based in Chicago, Twin Brook is the middle market direct lending arm of Angelo Gordon. The firm targets senior financing opportunities of up to $400 million with hold sizes across the Twin Brook platform ranging from $25 million up to $150 million. The firm provides financing to support sponsor-led buyouts and recapitalizations of companies with $3 million to $50 million in EBITDA.
