LBC Credit Partners supports Huron Capital's refinancing of Drake

LBC Credit Partners has provided credit facilities to back Huron Capital's refinancing of Drake Automotive Group and the add-on acquisitions of Proforged and DV8. LBC was the agent and sole lead arranger on the credit facilities. No financial terms were disclosed. Drake is an automotive aftermarket parts brand while Proforged is a provider of steering and suspension products sold online to auto parts retailers. And, DV8 is a a maker of off-road accessories and wheels.

26 June 2018•2 mins read
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