Union Corrugating Company, a light distributor and manufacturer of metal roofing systems and other metal building products, has received a $15m term loan from LBC Credit Partners.
The proceeds from the financing will provide the company with the operational and financial resources they need to continue to provide high level of customer service and pursue strategic growth opportunities.
A Chicago Growth Partners‘ portfolio company, Union Corrugating has a 65 year history (was founded in 1946) and services over 1,000 commercial customers from ten production facilities throughout the country.
LBC Credit Partners provides middle market financing solutions including senior term, unitranche, second lien, junior secured, and mezzanine debt and makes equity co-investments in companies with EBITDA generally greater than $10m.
FinSMEs
14/02/2011