LBC Small Cap Scores Investment in Soccer Shots | News
RADNOR, Pa., Jan. 26, 2022 /PRNewswire/ — LBC Smaller Cap furnished senior secured credit rating services and an fairness co-expense to help Susquehanna Non-public Capital’s (“SPC”) investment in Soccer Shots (the “Company”).
LBC Compact Cap served as Agent and Sole Guide Arranger for the senior secured credit score facilities.
Established in 1997 by college or university soccer teammates Jeremy Sorzano and Jason Webb, Soccer Shots is a youth soccer franchisor which provides excellent and engaging schooling applications in partnership with childcare centers, universities, and other general public places. Headquartered in Harrisburg, PA, the Business has grown to consist of above 140 franchise partners operating in more than 250 territories across almost 40 states and Canada, serving around 440,000 small children every yr.
“We are thrilled to partner with SPC and Soccer Shots on this expense,” mentioned Don Rice, Lover at LBC Compact Cap. “Soccer Shots operates a thriving franchise technique that is positioned for potential long run expansion and ongoing expansion options.”
Dorsey & Whitney served as authorized counsel to LBC Compact Cap.
Susquehanna Private Cash was founded in 2016 and is funded by the founders of Susquehanna Worldwide Group, LLP, which is 1 of the world’s greatest privately held financial solutions firms. With its versatile solution to investing, SPC companions with founders, business people, and operators to construct companies with enduring benefit. SPC targets businesses in the organization products and services, shopper and franchise companies, health care solutions, and industrial engineering sectors with $3 million to $15 million in EBITDA.
About LBC Little Cap
LBC Smaller Cap is targeted on originating, executing, and controlling senior secured, unitranche, junior personal debt, structured fairness, and equity co-investments in U.S.-centered decrease middle sector firms. The LBC Tiny Cap team appears to be to deploy funds to assistance funded sponsors, impartial sponsors, and household-owned enterprises throughout a wide array of industries. LBC Modest Cap Management, L.P. is a certified fund supervisor in the SBIC Software underneath the U.S. Smaller Business enterprise Administration. To study extra, pay a visit to www.lbccredit.com.
LBC Small Cap Administration L.P.
555 East Lancaster Avenue, Suite 450
Radnor, PA 19087
Tel 215-972-8900
Fax 215-567-0138
MEDIA Make contact with:
Lisa Rubano-Volansky
Tel 724-979-4293
E-mail: [email protected]
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