LBC Credit Partners (LBC), a provider of flexible financing solutions to middle market companies, announced they have entered their 100th relationship.
“We’re extremely excited to have reached this milestone of investing more than $2 billion in over 100 platform transactions,” said John Brignola, managing partner with LBC. “To us, it means we’re continually achieving our goal of supporting middle market businesses in executing their plans. To the companies we work with, it means they’ve found the right financing partner they can trust to help them achieve their goals.”
LBC has invested in support of acquisitions, growth strategies, refinancings, recapitalizations and restructurings. Most recently, LBC played a key role in the acquisition of The National Pain Institute by Prospira PainCare, a portfolio company of Enhanced Equity Funds, Webster Capital and Pulse Equity Partners; in the recapitalization of the Portfolio Group by Frontenac Company, a Chicago based private equity firm; and in the refinancing of 90+ year old familyowned National Label Company.
“Our goal is to use our experience, capital strength and insights to deliver creative financing solutions ranging from senior term loans to mezzanine debt to equity co-investments. With a long-term, lend and hold strategy, we offer the financial stability that middle market companies and their sponsors require,” Brignola explained. “We’re looking ahead to our next 100.”
LBC’s typical investment size ranges from $10 million to $100 million.
LBC Credit Partners is a leading provider of middle-market financing solutions including senior term, unitranche, second lien, junior secured and mezzanine debt and equity co-investments supporting sponsored and non-sponsored transactions. With over $1.25 billion of committed capital, LBC has made investments in companies located throughout North America across a wide range of industries and is committed to a long-term approach to debt investing.
Headquartered in Philadelphia, LBC has offices in New York City and Chicago.