RADNOR, PA — Ambient Enterprises LLC, a collective of HVAC design and implementation experts, has secured a significant boost to its financial footing. LBC Credit Partners, a top provider of financing solutions to middle-market companies, has extended a senior secured credit facility to the firm, a move that underscores Ambient’s solid growth trajectory and strategic initiatives.
The funding serves multiple purposes: it supports Ambient’s refinancing of its existing debt facility, bolsters its recent partnership with Johnson Barrow and DMG HVAC, and fuels ongoing organic and inorganic growth initiatives. LBC’s role as the sole lead arranger and syndication agent for the senior secured credit facility reflects its confidence in Ambient’s business model and future prospects.
Ambient’s operating businesses, with over 30 years of history, are respected leaders in delivering highly engineered HVAC systems for the commercial end market. Initially based on the U.S. East Coast, Ambient has successfully expanded to the West Coast, a strategic move made possible through partnerships with two established HVAC sales and service organizations: Johnson Barrow and DMG HVAC. These alliances have not only broadened Ambient’s geographic footprint but also enriched its expertise and industry connections.
The extension of the credit facility comes at a time when the HVAC market is witnessing robust growth, driven by increasing demand for energy-efficient systems and smart buildings. This financing move could significantly bolster Ambient’s position in this competitive landscape, enabling it to capitalize on emerging opportunities and drive innovation in the sector.
Intermediate Capital Group (ICG), the parent company of Ambient, is a leading global alternative asset manager with over 30 years of history. Managing $81 billion across four asset classes, ICG is committed to achieving net-zero emissions across its operations and relevant investments by 2040. Its initial investment in Gil-Bar, another leading provider of HVAC solutions and services in the United States, attests to its focus on this industry.
As demand for advanced, energy-efficient HVAC systems continues to rise, companies like Ambient, backed by financial powerhouses like LBC and parent company ICG, are well-positioned to lead the market with their innovative solutions and strategic growth initiatives.
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