PHILADELPHIA, April 15, 2016 /PRNewswire/ -- LBC Credit Partners ("LBC"), a leading provider of financing solutions to middle market companies, was selected by shareholders of Ameriqual Group, LLC ("Ameriqual" or the "Company") to provide a senior secured term loan to support the recapitalization of the Company.
LBC Credit Partners served as Agent for the senior secured term loan.
Founded in 1987, Ameriqual specializes in the production, packaging, assembly and distribution of high-quality, shelf-stable food products to the United States Department of Defense (DoD) and major branded food companies. Additionally, the Company provides self-heating emergency meal rations to individuals, government agencies, major corporations and disaster relief organizations.
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 $1.75* 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 December 31, 2015
Phone: (610) 631-5702
SOURCE LBC Credit Partners