LBC Credit Partners, a provider of financing solutions to middle market companies, provided a senior secured term loan to support an investment in Stampede Meat Inc. by Wynnchurch Capital LLC and company management.
LBC served as Administrative Agent and Sole Lender for the senior secured term loan.
Stampede specializes in custom-made center-of-the-plate beef, pork and chicken protein products for the needs of the restaurant, hospitality and retail industries. It creates marinated and value-added meats, portioned cuts and fully cooked beef, pork and chicken products. Stampede has created a niche in the market by serving customers with innovative meat products that are tailored to their unique needs. Founded in 1995, the company is headquartered in Bridgeview, Illinois. With over 1,200 employees, Stampede supplies more than 150 customers with over 1300 different products throughout the United States and internationally.
Wynnchurch Capital, headquartered in the Chicago suburb of Rosemont, Illinois with offices in California and Canada, was founded in 1999 and is a leading middle-market private equity investment firm. Wynnchurch Capital's strategy is to partner with middle market companies in Canada and the United States that possess the potential for substantial growth and profit improvement. Wynnchurch Capital manages a number of private equity funds with over $2.2 billion of committed capital under management and specializes in recapitalizations, growth capital, management buyouts, corporate carve-outs, and restructurings.
Source: LBC Credit Partners