Deal Snapshot
LBC Small Cap Supports Susquehanna Private Capital´s Acquisition of Mosquito Authority
Thursday 29 October 2020

US-based middle market and small-cap financing solutions provider LBC Credit Partners affiliate LBC Small Cap provided a senior secured credit facility and equity co-investment to support Susquehanna Private Capital, LLC's acquisition of mosquito, pest, and tick control services franchisor Authority Franchise Systems, LLC, the firm said.

LBC served as agent and sole lead arranger for the senior secured credit facility. North Carolina-based Mosquito Authority is a franchisor of mosquito, pest, and tick control services throughout the United States, Puerto Rico, and Canada. Mosquito Authority was founded in 2002 and has grown to over 150 franchises.

Date Published: 29/10/2020