Seacoast Capital Invests Non-Control Growth Capital In Lone Star Overnight
12/01/21, 6:00 AM
Location
boston
Seacoast Capital ("Seacoast"), a lower middle market non-control growth capital investor, announced today its investment in Lone Star Overnight ("LSO" "Lone Star" or "the Company"). Seacoast invested $20 million in subordinated debt and preferred equity in LSO to buyout a minority shareholder, refinance a portion of its current indebtedness, and support the near-term growth of the business.
Company Info
Location
boston, massachusetts, united states
Additional Info
Since its inception, Seacoast has managed over $600 million of capital, which the firm has invested in 82 non-controlling transactions. Now managing its fourth fund, Seacoast Capital Partners IV, L.P., the firm continues to actively seek new investment opportunities.