PHILADELPHIA, Aug. 8, 2017 /PRNewswire/ -- LBC Credit Partners ("LBC"), a leading provider of financing solutions to middle market companies, provided $46.0 million in senior secured credit facilities to Life Science Holdings, LLC. The proceeds were used to refinance existing indebtedness and provide for additional borrowing capacity to support the company's growth.
Life Science Holdings, LLC invests in diversified life science companies. They operate in four distinct categories – Proteomics, Genomics, Applied Sciences and Diagnostics – under leading brands such as Anatrace, Molecular Dimensions, Microlytic, Edge Bio, Concise Separations and AlphaTec®.
LBC served as Agent for the senior secured credit facilities.
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 $2.9* 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. LBC is headquartered in Philadelphia, with representatives in Chicago, New York and Los Angeles. To learn more, visit www.lbccredit.com.
*Information as of June, 2017
LBC Credit Partners, Inc.
Cira Centre, 2929 Arch Street, Suite 1550
Philadelphia, PA 19104-7340
Tel (724) 979-4293
SOURCE LBC Credit Partners