Maranon Capital Leads Unitranche Financing for CIVC Partners’ acquisition of GPRS
November 2017
Maranon Capital, L.P. today announced a unitranche financing to support the acquisition of Ground Penetrating Radar Systems, LLC (”GPRS”) by CIVC Partners. Maranon was the Administrative Agent for this transaction.
GPRS is the nation’s largest company specializing in the detection of underground utilities and the scanning of concrete structures. GPRS has an extensive nationwide network of highly trained and experienced technicians in every major U.S. market. For more information about GPRS, please visit www.gp-radar.com.
About Maranon Capital
Maranon Capital, L.P. is an alternative investment management firm focused on private credit investments in middle market companies. Maranon’s competitive edge is its multi-product strategies that span the balance sheet with value-added financing and equity co-investments. Since 2008, Maranon has invested over $3.3 billion in over 180 transactions. For more information about Maranon Capital please visit www.MaranonCapital.com.
About CIVC Partners
CIVC Partners is a Chicago-based private equity firm investing in high growth middle market companies in the business services and financial services sectors. Since 1989, the team has invested $1.5 billion in 61 platform companies and currently invests from CIVC Partners Fund V. More information on CIVC Partners and its portfolio companies can be found at www.civc.com.