RADNOR, Pa., March 1, 2022 /PRNewswire/ -- LBC Credit Partners ("LBC"), one of the leading providers of financing solutions to middle market companies, provided a senior secured credit facility to support O2 Investment Partners' investment in Capital Construction, LLC ("Capital"), and Capital's subsequent investment in Irish Roofing & Exteriors, LLC ("Irish").
LBC served as Sole Lender for the Senior Secured Credit Facility.
Founded in 2011 and headquartered in Burnsville, Minnesota, Capital provides roof replacement and other exterior restoration services to single-family and multi-family residential customers. Capital focuses on restoring properties that have been damaged by hail and wind and guides its customers through the complex construction and insurance processes with a high-touch, tech-enabled approach.
Founded in 2018, Irish provides roof replacement and repair and other exterior restoration services to customers in West Michigan. Irish primarily serves the single-family and multi-family residential end markets and focuses on providing high-quality workmanship and customer experience that is driven by the Company's regimented, tech-driven sales and production processes. Irish is headquartered in Grand Rapids, Michigan and earlier in 2021 opened its second branch location in Portage, Michigan.
O2 Investment Partners is a Midwestern based private equity firm that seeks to acquire majority interests in lower middle market B2B services, technology, and select industrial companies. The firm invests in businesses with earnings growth potential and a clear path to the creation of shareholder value. O2 Investment Partners invests with a view toward partnering with management to build and grow the business and take it to its next stage of development. This requires not only a clear vision and strategic plan to create shareholder value, but a close partnership and alignment of interest with management.
About LBC Credit Partners
LBC Credit Partners provides middle market and lower middle market financing solutions supporting sponsored and non-sponsored transactions throughout the U.S. across a broad range of industries. With over $3 billion of capital commitments, we have provided in excess of $8.8 billion to over 288 issuers throughout our 17-year history.* In December 2021, CIFC acquired LBC Credit Partners, expanding its alternative global credit platform into the private credit market. With the acquisition, CIFC currently manages over $38 billion in assets and employs more than 185 professionals in the U.S. and Europe. To learn more, visit www.cifc.com or www.lbccredit.com.
LBC Offices: Philadelphia area (HQ), Chicago
LBC Originations Offices: Atlanta, Cleveland, Los Angeles, New York
*Information as of December 31, 2021.
LBC Credit Partners
555 East Lancaster Avenue, Suite 450
Radnor, PA 19087
Tel 215-972-8900
Fax 215-567-0138
MEDIA CONTACT:
Lisa Rubano-Volansky
Tel 724-979-4293
Email: [email protected]
SOURCE LBC Credit Partners
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article