Maranon Capital Provides Senior Financing for Kohlberg & Company's Acquisition of GPRS
July 2020
Maranon Capital, L.P. today announced it was Joint Lead Arranger for a senior credit facility to support the acquisition of Ground Penetrating Radar Systems, LLC ("GPRS") by Kohlberg & Company, LLC.
Headquartered in Toledo, Ohio, GPRS provides private utility locating and concrete scanning services to utilities, contractors, engineering firms and environmental consultants in every major market in the United States. To learn more, visit www.gp-radar.com.
About Maranon Capital
Maranon Capital, L.P. ("Maranon") is an investment firm focused on private credit investments. 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 committed over $7.3 billion of capital. For more information about Maranon Capital please visit www.MaranonCapital.com.
About Kohlberg & Company, LLC
Kohlberg & Company, LLC ("Kohlberg") is a leading private equity firm headquartered in Mount Kisco, New York. Since its inception in 1987, Kohlberg has organized nine private equity funds, through which it has raised over $10 billion of committed equity capital. Over its 33-year history, Kohlberg has completed 80 platform investments and nearly 200 add-on acquisitions, with an aggregate transaction value in excess of $22 billion. For more information, please visit www.kohlberg.com.