Full Guard Capital is pleased to announce that we have partnered with FNB Mezzanine on the recapitalization of Library Furniture International (“LFI”) to provide strategic capital and support to continue executing on the Company’s long-term growth plans. LFI is a provider of library space design services and is a dealer and installation services provider of shelving and furniture to public libraries, K-12 schools, and universities.
FGC is excited about the opportunities that this recapitalization presents for LFI, as the Company continues to pursue both organic and inorganic growth initiatives. LFI continues to position itself for significant expansion due to the Company’s brand recognition, dedicated and professional team and emphasis on the customer experience.
“We are thrilled with LFI’s performance in the almost 18 months since we announced the partnership. Given the Company’s exceptional results, we had the flexibility to enact a recapitalization with our partners at FNB Mezzanine and are very excited for how LFI is positioned for the future,” said Josh Welk, Managing Partner of Full Guard Capital.
“We are excited to partner up again with FGC by executing the recapitalization of LFI. It was clear to us that the Company has delivered stellar performance recently and its growth outlook is very attractive. After meeting with the LFI team, we were eager to provide a capital solution to support the Company’s long-term growth plans,” said Marty McCormick, Managing Director at FNB Mezzanine.
LFI continues to seek strategic add-on acquisitions and welcomes the opportunity to discuss potential acquisition opportunities. If you have any questions about the FGC recapitalization of LFI, please contact Josh Welk at firstname.lastname@example.org or Rich Barakat at email@example.com.