Graycliff Partners LP, an independent investment firm focusing on middle market private equity and mezzanine investments, announced it has provided subordinated debt and equity financing to Oberfields, a manufacturer and distributor of concrete masonry and hardscape products. Graycliff’s investment in Oberfields supports the recapitalization of the business to support growth opportunities and the buyout of The Anderson Group LLC.
“The Oberfields team has built an impressive business - known for innovative, quality products, and its commitment to customers”
Headquartered in Delaware, Ohio, Oberfields is a regional manufacturer and distributor of a broad range of concrete masonry and hardscape products, including standard gray and architectural block, segmental retaining walls, pavers, precast products and hardscape and masonry accessories.
“The Oberfields team has built an impressive business - known for innovative, quality products, and its commitment to customers,” said Will Henderson, Managing Director, Graycliff Partners. “We look forward to working with Bruce and his team to position the company for future growth while retaining the reputation of excellent service built over the past 50+ years.”
“Oberfields is pleased and excited to work with Graycliff Partners and we look forward to working with Graycliff to achieve our growth goals together,” said Bruce Loris, President & CEO, Oberfields.