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US Capital, Ares Management Provide $8MM Unitranche Facility to Fulham

Date: Oct 12, 2016 @ 07:07 AM
Filed Under: Manufacturing

US Capital Partners Inc. announced its affiliate US Capital Investment Management, LLC (“US Capital”) has recently closed an $8 million unitranche stretch facility for Fulham Co., Inc. (“Fulham”) out of its US Capital Business Credit Income Fund, LP. The unitranche credit facility is being provided in financial partnership with leading global alternative asset manager Ares Management, LP.

US Capital is the private investment and asset management division of US Capital Partners, a full-service private investment bank headquartered in San Francisco, CA. US Capital specializes in direct debt and equity investments into highly promising, growth-focused lower middle market businesses.

Headquartered in Hawthorne, CA, Fulham is a leading global supplier of socially conscious, sustainable commercial lighting components and electronics. The company sells its award-winning LED products worldwide and has over 800 employees in facilities in North America, the Middle East, Europe, China, and India.

“We are delighted to be providing this $8 million unitranche stretch financing to Fulham in partnership with Ares Management,” said Jeffrey Sweeney, Managing Partner at US Capital and Chairman and CEO at US Capital Partners. “Fulham is a truly international and socially conscious enterprise that is executing well on its expansion plans by manufacturing and distributing energy-saving LED products worldwide. Having a top-drawer CEO like Bob Howard-Anderson has made it a real pleasure to work with the company in structuring and providing this unitranche facility.”

Ares Management is a publicly traded, leading global alternative asset manager with approximately $94 billion of assets under management as of March 31, 2016 and more than 15 offices in the United States, Europe and Asia.

Since 1998, US Capital Partners has been providing well-structured, custom finance solutions to private and public companies with up to $250 million in top-line sales revenue or project size. Headquartered in San Francisco, US Capital Partners is a private investment bank that makes direct debt and equity investments between $500,000 and $100 million, participates in debt facilities, and has very wide distribution for debt and equity private placements. The firm also offers financial advisory services for buy-side and sell-side engagements and for capital formation, including early-stage financings requiring equity or debt.

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