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Hidden Harbor Capital Partners acquired Machinery Services Corp. and Rapid Pump & Meter Services Co., based in Paterson, New Jersey, with senior secured credit facilities provided by LBC Credit Partners. The deal was announced on 29 November 2022.
Motion & Control Enterprises, a Frontenac portfolio company, acquired Diversified Air Systems, an Ohio air compressor distributor, and Swanson Flo, a Minnesota process instrumentation distributor. LBC Credit Partners agented a senior secured credit facility to support the deals. The article is dated 22 February 2021.