Graycliff Partners, an independent New York investment firm focusing on middle market private equity transactions, has provided subordinated debt and equity financing to Delaware, Ohio-based Oberfields, a key regional player in concrete masonry and hardscape products, including standard gray and architectural block, segmental retaining walls, pavers, and precast components, plus related accessories. The investment supports the recapitalization of the company, led by President and CEO Bruce Loris, and buyout of another principal, Anderson Group LLC.
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New investors take hold at Midwest masonry mainstay Oberfields
Sources: Graycliff Partners LP, New York; CP staff
Graycliff Partners, an independent investment firm focusing on middle market private equity transactions, has provided subordinated debt and equity financing to Delaware, Ohio-based Oberfields, a key regional player in concrete masonry and hardscape products, including standard gray and architectural block, segmental retaining walls, pavers, and precast products, plus related accessories. The investment supports the recapitalization of the company, led by President and CEO Bruce Loris, and buyout of another principal, Anderson Group LLC.
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