LBC Credit Partners Expands Its Origination Efforts In The Midwest Region

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Feb 08, 2010, 01:00 ET

PHILADELPHIA, Feb. 8 /PRNewswire/ -- LBC Credit Partners is pleased to announce that Douglas L. Goodwillie has joined our Chicago office as a Director. Doug has more than twelve years of finance industry experience, most recently as an operating director with Arsenal Capital Partners, a New York-based private equity firm and for the six prior years with a Chicago-based provider of senior debt, junior debt and equity.

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Doug will be responsible for originating, structuring and executing new debt investments for LBC throughout the Midwest and Southwest.

Doug earned an MBA from the University of Chicago, Graduate School of Business and his BA from Kenyon College.

"Doug adds depth to our team and augments our presence in the Midwest and Southwest regions," said John Brignola, a partner at LBC. "His industry experience and reputation are a strong foundation for his future success with LBC."

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 to companies with EBITDA generally greater than $10 million. LBC follows a long-term approach to investing adhering to a "lend and hold" strategy and typically invests $10 million to $50 million per transaction supporting acquisitions, growth strategies, refinancings, recapitalizations, and restructurings. LBC has more than $1 billion of capital under management and has made investments in a wide range of industries located throughout North America. For additional information please visit www.lbccredit.com or contact John Brignola at 215-972-8901.

SOURCE LBC Credit Partners