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LBC Credit Partners Supports the Acquisition of America II Group by Wynnchurch Capital

Date: Nov 10, 2017 @ 07:22 AM
Filed Under: Electronics

LBC Credit Partners provided a $40.0 million senior secured term loan to Wynnchurch Capital, LLC to support the acquisition of America II Group, Inc. d/b/a America II Electronics, LLC.

LBC served as Administrative Agent and Sole Lender for the senior secured term loan facility.

America II, headquartered in St. Petersburg, Florida, is a global leader in electronic component distribution and supply chain services serving a broad array of products for use in higher value-add applications. The Company has a global footprint and sources and stocks 1 billion+ components with 100,000+ unique SKUs.

Wynnchurch Capital, headquartered in the Chicago suburb of Rosemont, Illinois, with offices in California and Canada, was founded in 1999, and is a leading middle-market private equity investment firm. Their strategy is to partner with middle market companies in the United States and Canada that possess the potential for substantial growth and profit improvement. Wynnchurch Capital manages a number of private equity funds with $2.2 billion of committed capital under management and specializes in recapitalizations, growth capital, management buyouts, corporate carve-outs and restructurings.

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