LBC Credit Partners Provided Senior Secured Credit Facilities to Support the Acquisition of 4ONE LLC ("4ONE")

Dec 12, 2017
Deal announcements

Philadelphia, PA, December 12, 2017 - LBC Credit Partners ("LBC"), a leading provider of financing solutions to middle market companies, provided senior secured credit facilities to support the acquisition of 4ONE LLC ("4ONE") by United States Seating Company ("USSC"). USSC is managed by Dubin Clark & Company, Inc.

LBC served as Agent and Sole Lead Arranger for the senior secured credit facilities.

Founded in 1985 and headquartered in Exton, Pennsylvania, USSC is a leading manufacturer of innovative safety and survivability solutions for the commercial and military transportation markets. USSC's primary products are driver seats, passenger seats, fire suppression products, and related spare parts.

4ONE was founded in 2005 to provide safe, secure, and innovative passenger seating solutions for the public transit market. 4ONE experienced significant growth over the last decade and currently supplies approximately half of the public transit passenger seating in North America.

Dubin Clark & Company, Inc., founded in 1984 and headquartered in Boston, Massachusetts, has a long history of investing in middle-market buyouts and building businesses in partnership with the management of their portfolio companies. Dubin Clark & Company seeks control equity investments in business services, niche manufacturing, and specialty rental businesses with EBITDA of $2 million to $10 million (smaller for add-on investments). 

About LBC Credit Partners

LBC Credit Partners is a leading provider of middle market financing solutions including senior term, unitranche, second lien, junior secured and mezzanine debt and equity co-investments supporting sponsored and non-sponsored transactions. With over $3 billion* of capital commitments, LBC has made investments in companies located throughout North America across a wide range of industries and is committed to a long-term approach to debt investing. LBC is headquartered in Philadelphia, with offices in Chicago, New York and Los Angeles. To learn more, visit

*Information as of November 2017