Lincoln International LLC secures financing commitments to support Monomoy Capital Partners’ acquisitions of Construction Resources, Inc. and Builder Specialties, Inc.
Lincoln International LLC (“Lincoln”), a leading global mid-market investment bank, announced today the successful completion of a financing in support of Monomoy Capital Partners’ (“Monomoy” or the "Firm") acquisition and subsequent merger of Construction Resources, Inc. and Builder Specialties, Inc. (together referred to as “Construction Resources”, or the “Company”). The Company will be a leading provider and installer of specialty building products in the Southeast region of the United States.
Lincoln acted as the exclusive financial advisor to Monomoy in connection with securing debt financing commitments in support of the acquisition of Construction Resources, which consisted of a senior secured revolving credit facility provided by Bank of America Merrill Lynch and term debt provided by LBC Credit Partners. In addition to funding a portion of the acquisition, proceeds from the financing will be used to support the Company’s strategic growth plans and fund its ongoing working capital requirements.
As Monomoy’s exclusive financial advisor, Lincoln International worked closely with the Firm on all aspects of the transaction helping to structure, arrange and negotiate the financing. Justin Hillenbrand, Principal and Co-CEO of Monomoy, commented, “We are very pleased with the outcome of Lincoln’s work on the financing. By partnering with Lincoln, we were able to focus our time and attention on the operational aspects of the M&A transaction and our due diligence efforts, while Lincoln helped us secure an attractive financing solution that provided us with the capital needed to consummate the acquisition and to support the Company’s future growth.”
About Lincoln InternationalLincoln International specializes in merger and acquisition advisory services, debt advisory services, private capital raising and restructuring advice on mid-market transactions. Lincoln International also provides fairness opinions, valuations and pension advisory services on a wide range of transaction sizes. With sixteen offices in the Americas, Asia and Europe, Lincoln International has strong local knowledge and contacts in key global economies. The firm provides clients with senior-level attention, in-depth industry expertise and integrated resources. By being focused and independent, Lincoln International serves its clients without conflicts of interest.
More information about Lincoln International can be obtained at www.lincolninternational.com