RADNOR, PA — LBC Credit Partners has announced the provision of a senior secured credit facility to bolster O2 Investment Partners, LP’s alliance with Centex Construction. This financial arrangement is set to fuel Centex’s expansion efforts as it continues its trajectory of rapid growth.
As the Agent and Sole Lead Arranger, LBC Credit Partners plays a pivotal role in facilitating this credit facility, which is crucial for Centex Construction’s development. Headquartered in Tomball, Texas, Centex Construction has been a key player in the renovation, restoration, and maintenance services sector since its founding in 2016. The company operates across eight states in the Southeast and Southwest United States, delivering a broad range of services. These include urgent maintenance repairs, exterior and interior renovations, roofing, and amenity upgrades for large-scale multi-family property managers and owners. Centex’s extensive operations see it completing thousands of projects annually with some of the largest property management firms in the country.
O2 Investment Partners, based in the Midwest, is a private equity firm specializing in investments in lower middle market B2B services, technology, and select industrial sectors. Their investment approach is centered around identifying businesses with notable earnings growth potential and fostering shareholder value. O2 aims to work closely with management teams to steer businesses toward their next phase of development, ensuring a shared vision and strategic alignment.
This partnership with Centex Construction signifies a strategic move for O2, allowing them to leverage the capabilities of Centex’s established service offerings and promote further growth and market presence.
For the latest news on everything happening in Chester County and the surrounding area, be sure to follow MyChesCo on Google News and MSN.