Capstone Partners Advised FM Sylvan, Blue Point Capital Portfolio Company, on Debt Financing
Capstone Partners advised FM Sylvan (“Sylvan”), a portfolio company of Blue Point Capital, on the closing of a debt financing. Sylvan is one of North America’s leading providers of industrial pipe installation and fabrication, millwright and rigging, electrical, boiler, and turbine contracting services. The proceeds of the financing were used to refinance Sylvan’s existing debt and fund their acquisition of Great Lakes Mechanical.
The financing provides FM Sylvan with an experienced capital partner that is able to support the Company’s continued growth, and we are honored to have played a part in supporting their continued success.
Beginning as a local residential plumbing company in Pontiac, Michigan, Sylvan has since evolved into a leading-edge industrial services contractor. The Company provides full industrial project support including design, planning, installation, maintenance, and repair services to a diversified portfolio of customers. Sylvan’s broad range of end markets includes automotive, energy, government, education, consumer products, water treatment, material handling, food, and pharmaceutical, among others.
Blue Point Capital hired Capstone Partners’ Debt Advisory Group to help refinance its existing debt with a more flexible capital provider that can provide acquisition financing and support the Company’s continued growth.
“Multiple lenders were drawn to Sylvan’s leading position within its various geographic markets and proven ability to win business and effectively navigate the business through even the most challenging macroeconomic conditions,” said Brad Harrop, Director in Capstone Partners’ Debt Advisory Group. “The financing provides Sylvan with an experienced capital partner that is able to support the Company’s continued growth, and we are honored to have played a part in supporting their continued success.”
The expert investment banking professionals in Capstone Partners’ Debt Advisory Group help privately-owned and sponsor-backed companies secure debt capital for a variety of uses including organic growth, acquisitions, dividend recapitalizations, and refinancings. The team works closely with clients to optimize their debt structures and secure the best long-term institutional partners, leveraging the talents and expertise of our industry specialists to ensure that our financing strategy and positioning results in maximum credit market receptivity. For more information about raising capital with our Debt Advisory Group or about our vast array of investment banking services, contact us.