Kian Capital Transaction Announcement - LOFA Industries, LLC

 

Kian Capital is pleased to announce that it has made a senior subordinated debt investment in LOFA Industries, LLC (“LOFA” or the “Company”) to support the acquisition of the Company by Hunters Gate Holdings, LLC (“Hunters Gate”).  LOFA, based in Roswell, Georgia, is a leading manufacturer of control systems and accessories for off-highway engine driven equipment, including pumps, air compressors, chippers, materials processors, drillers, and generators.  The Company’s products are typically used in harsh environments by equipment that transport water, air, solids, or generate electricity.  Products are used to control, monitor, and protect equipment, and to provide important engine and machine data to equipment owners.  Hunters Gate, headquartered in Atlanta, Georgia, is a private investment firm focused on control investments in lower middle-market companies in the Industrial, Energy & Power and Business Services sectors.  

Rick Cravey, Partner at Kian Capital, said “We are pleased to support Hunters Gate and are confident that they will add significant value to what is already a very solid business.  We are excited to support the Company’s management team as they continue to capitalize on their many growth opportunities.”

Peter Cureton, Managing Partner at Hunters Gate, commented “We are excited to partner with Kian Capital and appreciate the flexibility and quick response they displayed in executing the transaction and believe they have provided a strong capital base for LOFA to continue to execute on its growth strategy.”

More information about LOFA can be found by visiting www.lofa.net.

About Kian Capital
Kian Capital, with offices in Atlanta, GA, and Charlotte, NC, is a licensed Small Business Investment Company ("SBIC") with $150 million of capital under management.  The firm makes debt and equity investments in leading lower middle-market companies across a broad range of industries.  We typically provide between $5 million and $15 million of capital in support of buyouts, recapitalizations and growth financings.  We seek to partner with business owners, independent sponsors and private equity firms that are committed to increasing the enterprise value of their businesses.

 

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