Abacus Finance Group served as Senior Secured Credit Facilities Administrative Agent and Lead Arranger for senior secured credit facilities to support the acquisition of Workplace Modular Systems LLC by Accelevation LLC, an LFM Capital portfolio company.

Accelevation is a vertically integrated group of manufacturing companies serving the data center, electric vehicle and robotic markets. Workplace is highly complementary to one of Accelevation’s key subsidiaries, SkyLab, a provider of extrusion components and in-plant material management and engineering support to advanced manufacturing facilities. Accelevation is headquartered in Springboro, Ohio and has been a portfolio company of LFM Capital since August 2022. Founded in 1946 and based in Londonderry, New Hampshire, Workplace designs and manufactures workstations used in biotechnology, labs, and industry that combine enhanced productivity with good ergonomics. The Company’s customers can configure workstations to meet their unique task requirements, choosing from a wide variety of platforms and accessories.

“As in past transactions, the Abacus team served up fast and efficient execution,” said LFM Capital Managing Director Chris Lin.

“This was our fourth transaction with LFM Capital, and once again we were able to meet their desire for a smooth execution in a short timeframe, just one of the many attributes of our Total Partnership Approach™,” said Tim Clifford, President and CEO of Abacus. “They are great to work with, having such a disciplined, market focus,” added Abacus Managing Director Eric Petersen.

Abacus team members involved in the transaction included Eric Petersen and Greg Scanlon. Legal counsel was provided to Abacus by Goulston & Storrs, PC.





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