LBC Credit Partners provided a senior secured credit facility to support O2 Investment Partners's partnership with Centex Construction and its founders Mark Whitehead, Mark Herbert, and David Borne. The financing will support the Company’s rapid growth. LBC served as Agent and Sole Lead Arranger for the senior secured credit facility.
Headquartered in Tomball, TX, and founded in 2016, Centex Construction is a provider of renovation, restoration, and maintenance services for existing, largescale multi-family property managers and owners. The Company’s operations span eight states across the Southeast and Southwest United States. Centex offers a comprehensive suite of services, including immediate maintenance repair, exterior renovations, roofing, restoration and rebuild, interior renovations, and amenity upgrades, among other services. Centex completes thousands of jobs annually with many of the largest nationally recognized property managers and owners in the United States.