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Sound Point Capital and LBC Credit Management Support the Acquisition of Unirac, Inc.

NEW YORK--(BUSINESS WIRE)--Sound Point Capital Management, LP (“Sound Point”) and LBC Credit Management, L.P. (“LBC”), two of the leading providers of financing solutions to middle market companies, provided a $180 million senior secured credit facility to Greenbelt Capital Partners (“Greenbelt”) to support the acquisition of Unirac, Inc.

LBC served as Agent and Lead Arranger for the senior secured credit facility. Sound Point served as Co-Lead Arranger.

Unirac is North America’s leading manufacturer of solar PV mounting systems, roof attachments, roof flashings, and accessories. With more than 22 years of customer service, Unirac has over 8GW of experience and more than 1,000,000 installations worth of knowledge.

Greenbelt Capital Partners is a growth-focused middle-market private equity firm focused on control and significant minority investments ranging from late-stage growth equity to private equity to infrastructure development across the energy sector. The Greenbelt investment team recently spun out of Trilantic North America and continues to serve as advisors to Trilantic North America and its managed funds. The senior team at Greenbelt has committed approximately $4.6 billion of equity capital to multiple portfolio companies and consummated more than $58 billion of M&A and financings in over 210 transactions across the portfolio.

About Sound Point Capital Management, LP

Sound Point is an alternative asset management firm founded in 2008 with particular expertise in credit strategies. Based in New York, with offices in London, the firm manages money on behalf of institutional investors including top-tier pensions, foundations, insurance companies, wealth management firms and family offices. Sound Point's strategies span the spectrum of liquid and illiquid credit alternatives and include funds and managed accounts focused on leveraged loans, special situations, distressed debt, structured credit, direct lending and commercial real estate. Sound Point currently manages approximately $32 billion of assets. Five principals of Stone Point Capital LLC, as well as Dyal Capital Partners, a division of Blue Owl Capital Inc. [NYSE: OWL], are strategic investors in our business. For more information, please visit Sound Point's website at www.soundpointcap.com.

Contacts

Media
Gregory Cresci
Sound Point Capital Management, LP
+1 212 895 2277

Sound Point Capital Management, LP


Release Versions

Contacts

Media
Gregory Cresci
Sound Point Capital Management, LP
+1 212 895 2277

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