LBC Credit Partners 2010 Loan Originations Exceed $400 Million
PHILADELPHIA, Jan. 19, 2011 /PRNewswire/ -- LBC Credit Partners is pleased to announce that its new loan originations for 2010 exceeded $400 million. Over the past 12 months LBC has completed new debt investments in over 20 industries including the health care, industrial and consumer sectors.
"We are grateful for the market's continued confidence in LBC as a trusted middle market debt provider and the opportunity to partner with so many esteemed equity investors, management teams and lenders. Our reputation has been built on integrity, consistency and stability," commented John Brignola, a Founding Partner with LBC. "Our ability to fund into various levels of the capital structure and our long term capital base enable us to be an active and flexible lender to the middle market."
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 in a wide range of industries located throughout North America. LBC has more than $1.4 billion of capital under management with offices in Philadelphia, Chicago and New York. For additional information please visit www.lbccredit.com or contact John Brignola at 215-972-8901.
SOURCE LBC Credit Partners
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