US Capital Partners Inc. has provided a custom $8 million unitranche facility for Fulham Co., Inc. Headquartered in Hawthorne, CA, Fulham is a leading global supplier of lighting components and electronics for commercial and specialty applications with over 800 employees in facilities in North America, the Middle East, Europe, China, and India.
Headquartered in San Francisco, US Capital Partners is a full-service private investment bank that makes direct debt investments, participates in debt facilities, and has wide distribution for debt and equity private placements.
“We approached US Capital Partners for a strategic acquisition in Holland when traditional banks in the US found the transaction too challenging to finance,” said Bob Howard-Anderson, CEO of Fulham. “We are grateful to US Capital Partners for structuring and providing this custom unitranche financing to replace our existing facility. The new structure will supply Fulham with capital to pursue the acquisition abroad, while leaving us with even more working capital for our current and future needs. US Capital Partners really delivered on its promise.”
“We are extremely pleased to have closed this $8 million financing for Fulham,” said Jeffrey Sweeney, Chairman and CEO at US Capital Partners. “We greatly appreciated working with Fulham’s professional management team under Bob Howard-Anderson’s experienced leadership and backed up by his talented CFO, James Cooke. Fulham is a truly international and socially conscious company that is executing well on its expansion plans by manufacturing and distributing energy-saving LED products worldwide. Having a top-drawer CEO like Bob made it a real pleasure to work with the company in structuring and providing this custom credit facility.”
Fulham Co., Inc. is a leading global provider of intelligent, socially conscious, sustainable commercial lighting components and electronics for use in commercial general lighting, parking structure, signage, horticultural, UV, and other applications. The company develops and manufactures a variety of award-winning LED and emergency products, as well as legacy products across multiple lighting platforms. Fulham sells its lighting solutions worldwide through original equipment manufacturers and electrical equipment distribution channels.
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.