Press release
US Capital Global Business Credit Income Fund Successfully Exits Its Investment in Portfolio Company Fulham
Award-winning California-based lighting company repays unitranche loan facility extended to it by business credit fund, following three-year investment period.San Francisco, California, USA., January 28, 2020 -- US Capital Global Business Credit Income Fund LP (the "Credit Fund"), managed by US Capital Global Investment Management LLC, has successfully exited its investment in portfolio company Fulham Co., Inc. ("Fulham"). Fulham is a leading global supplier of lighting components and electronics for commercial and specialty applications, with facilities in North America, the Middle East, Europe, China, and India.
Headquartered in San Francisco, US Capital Global is a full-service private financial group with an established track record in investment banking, investment management, and funds management. Its Credit Fund provides direct credit to highly promising lower middle market businesses. US Capital Global Securities LLC, the FINRA-licensed broker dealer division of US Capital Global, acts as the exclusive placement agent for the Credit Fund (https://www.uscapglobalsecurities.com/investment-overview/business-credit-income-fund-investment-overview.html).
"We approached the US Capital team for financing for a strategic acquisition in Holland, after traditional banks in the US found the transaction too challenging to finance," said Bob Howard-Anderson, CEO at Fulham. "We are grateful to the US Capital team for having structured and provided this custom unitranche financing of $8 million, which allowed us to pursue our growth strategy. Thank you for what has been a very supportive and satisfying business relationship."
"We have greatly appreciated working with Fulham's professional management team under Bob Howard-Anderson's experienced leadership and backed up by his talented CFO, James Cooke," said Jeffrey Sweeney, Chairman and CEO at US Capital Global. "Having a top-drawer CEO like Bob made it a real pleasure to work with the company in structuring and providing this custom credit facility. Thank you for repaying the facility in full. We want to wish Fulham the very best going forward."
About Fulham Co., Inc.:
Fulham Co., Inc. is a leading global provider of intelligent, socially conscious, sustainable commercial lighting components and electronics for use in commercial general lighting, parking structure, signage, horticultural, UV, and other applications. The company develops and manufactures a variety of award-winning LED and emergency products, as well as legacy products across multiple lighting platforms. Fulham sells its lighting solutions worldwide through original equipment manufacturers and electrical equipment distribution channels. The company has sales and/or manufacturing facilities in Europe, China, India, and the UAE. www.fulham.com
About US Capital Global:
Established in 1998, US Capital Global leverages the latest FinTech and RegTech innovation to provide sophisticated debt, equity, and investment products to lower middle market companies and investors. The US Capital Global group manages direct investment funds and provides wealth management and capital raise services. Operating with its registered investment bank affiliate, US Capital Global Securities, LLC, the firm acts as a licensed placement agent for companies, funds, and projects, and collaborates closely with its peers in professional banking and investment advisory. www.uscapglobal.com
To learn more about US Capital Global, email Jeffrey Sweeney, Chairman and CEO, at jsweeney@uscapglobal.com or call +1 415-889-1010.
Vanessa Guajardo
US Capital Global
555 Montgomery Street, Suite 1501
San Francisco, CA 94111
415-889-1010
media@uscapglobal.com
https://www.uscapglobal.com
Established in 1998, US Capital Global leverages the latest FinTech and RegTech innovation to provide sophisticated debt, equity, and investment products to lower middle market companies and investors.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release US Capital Global Business Credit Income Fund Successfully Exits Its Investment in Portfolio Company Fulham here
News-ID: 1910161 • Views: …
More Releases from US Capital Global
US Capital Global Expands Its Presence in Miami with Appointment of Senior Vice …
Leading global private financial group for the middle market appoints new Senior Vice President to expand its Investment Banking division in the Southeastern United States.
US Capital Global is pleased to announce that William Singer has recently joined the group as Senior Vice President at the group's office in Miami, Florida. Mr. Singer brings over 20 years of experience in the financial services industry to US Capital Global's Investment Banking division.…
Vanessa Guajardo Joins US Capital Global’s Executive Team as Senior Vice Presi …
Leading global private financial group for the middle market appoints new Senior Vice President to head-up its expanding marketing and PR division.
US Capital Global is pleased to announce the promotion of Vanessa Guajardo to its Executive Team as Senior Vice President of Marketing. Ms. Guajardo is responsible for the successful coordination of all marketing and PR activities, investor events, and investor relations of the group, following another year of strong…
US Capital Global Engaged by Sundance Strategies on USD 500MM Investment Facilit …
Global private financial group headquartered in San Francisco engaged by specialty financial services company as strategic advisor.
San Francisco, California, USA., November 10, 2020 -- US Capital Global has been engaged by Sundance Strategies, Inc. (OTC: SUND) (“Sundance Strategies”) as its strategic advisor on an investment facility of up to $500 million. Headquartered in Provo, UT, Sundance Strategies is a specialty financial services company engaged in converting insurance contracts, policies, and…
More Releases for Fulham
Fulham Appoints Industry Expert Antony Corrie President & CEO
Bob Howard-Anderson named advisor to the lighting supplier's Board of Directors.
Hawthorne, CA, USA -- Fulham Co., Inc., a leading supplier of lighting components and electronics for commercial and specialty applications, has announced the appointment of Antony Corrie as President and CEO. Current President and CEO Bob Howard-Anderson was named an advisor to the company's Board of Directors.
"The lighting market continues to be incredibly dynamic with significant opportunities and adding a…
Fulham Expands Line of Vizion LED Universal DC Retrofit Engines
New generation of higher performance LED Retrofit Engines with universal voltage and 0-10 dimming delivers with more light and less power.
Hawthorne, CA, USA -- Fulham Co., Inc., a leading supplier of lighting components and electronics for commercial and specialty applications, has released a comprehensive new line of DC Retrofit Engines as part of its new line of Vizion LED DC Retrofit Kits Engines. Available in rectangular and round form factors,…
Fulham Adds Universal Voltage LED Canopy Retrofit Kit
New Universal Voltage Canopy Retrofit Kit Features Broad Power Specs and Versatile Design for Easy Replacement of Indoor/Outdoor Lighting.
Hawthorne, CA, USA -- Fulham Co., Inc., a leading supplier of lighting components and electronics for commercial and specialty applications, has introduced a new Universal Voltage LED Canopy Retrofit Kit to illuminate locations such as service stations, parking garage, entryways, walkways, and other areas where LED lighting presents a cost-effective alternative to…
Fulham Introduces LinearHO DC LED Modules at Lightfair International 2017
New LinearHO LED DC Modules with extruded aluminum heat sink are designed for High Output Applications such as High Bays, Vapor Tights and Troffers.
Philadelphia, PA, USA -- At Lightfair International 2017 this week, Fulham Co., Inc., a leading supplier of lighting components and electronics for commercial and specialty applications, will unveil its new line of LinearHO DC LED modules. These LinearHO modules are ideal for use in high-bay applications, vapor…
Fulham Names Dan Walter Product Director, LED Drivers
Fulham Chooses Industry Veteran as Product Director to Guide Emerging "Clever" LED Component and Smart Lighting Strategy.
Hawthorne, CA, USA -- Fulham Co., Inc., a leading supplier of lighting components and electronics for commercial and specialty applications, has named lighting industry veteran Dan Walter Product Director, LED Drivers. Dan brings more than 13 years of commercial lighting experience to Fulham and will be responsible for managing Fulham's line of LED drivers…
Fulham To Show New DirectAC LED Engines at Strategies in Light
New DirectAC Designed with Integrated Circuitry to Create a Low-Flicker, Low-Profile Lighting Component for Surface Mounted Luminaires.
Anaheim, CA, USA -- Fulham Co., Inc., a leading supplier of lighting components and electronics for commercial and specialty applications, will be demonstrating its new DirectAC LED Engines at the Strategies in Light conference being held here this week. The new AC direct drive unit removes the need for a driver, resulting in a…
