Spring Capital Closes New Investment in Architectural Polymers, LLC
SPRING CAPITAL PARTNERS IV, L.P.
is pleased to announce the closing of an investment in
Architectural Polymers, LLC
Subordinated Debt and Equity
Spring Capital Partners IV, L.P. (“SCP IV”) is a Small Business Investment Company (“SBIC”) as licensed by the United States Small Business Administration in accordance with the Small Business Investment Act of 1958, as amended.
Transaction Overview
Spring Capital Partners IV, L.P. (www.springcap.com) invested subordinated debt and equity to support the recapitalization of Architectural Polymers, LLC (the “Company”) by Stonebridge Partners and Marshall Walters. SCP IV partnered with Parkway Capital and Brookside Capital Partners in financing this transaction.
About Architectural Polymers
Architectural Polymers (www.apformliner.com), headquartered in Palmerton, PA, is the leading manufacturer and designer of urethane (rubber) and plastic molds, or formliners, that are used in pre-cast, tilt-up, and pour-in-place concrete construction applications to create textures, patterns, graphic designs and embedded thin brick surfaces on concrete walls. The Company’s formliner products are used across a diverse set of large and growing end markets, including infrastructure, institutional, government and commercial, in North America. For 31 years, Architectural Polymers has built a reputation as a trusted partner, providing total concrete forming solutions to its broad customer base.
About Spring Capital Partners
Spring Capital Partners was founded in 1999 to provide mezzanine capital to growing small and medium sized businesses. The firm has managed over $600 million of capital and is currently investing out of its fourth fund, Spring Capital Partners IV, a $250 million SBIC. Investments are made in the form of subordinated debt and minority equity, typically in the range of $2 million to $20 million per investment. In addition to investing in change of control/buyout transactions with committed private equity funds and independent sponsors, Spring Capital also provides capital to privately held businesses to support acquisitions, growth, and minority recapitalizations.