Fleetwood is a Windsor, Ontario-based provider of complex metal stampings, assemblies and tooling to automotive OEMs and Tier 1 suppliers. Fleetwood specializes in stamping ultra-high-strength steel components and offers other value-added services such as assembly and e-coating.
LBC Credit Partners served as Agent and Sole Lender for the secured mezzanine loan.
About Milestone Partners
Milestone Partners is a private equity firm that partners with management to invest in leveraged buyouts and recapitalizations of lower middle market businesses. Milestone pursues companies in the tech-enabled services, software, financial services and manufacturing sectors. Based in suburban Philadelphia, Milestone was founded in 1995 and is currently investing in new platforms out of its fourth fund.
About LBC Credit Partners
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 supporting sponsored and non-sponsored transactions. With over $2.5* billion of capital commitments, LBC has made investments in companies located throughout North America across a wide range of industries and is committed to a long-term approach to debt investing. Headquartered in Philadelphia, LBC has additional offices in Chicago and Greenwich. To learn more, visit www.lbccredit.com.
*Information as of September, 2016
LBC Credit Partners, Inc.
Cira Centre, 2929 Arch Street, Suite 1550
Philadelphia, PA 19104-7340
Phone: (610) 631-5702
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SOURCE LBC Credit Partners