Tailwind Capital Acquires Loenbro

Loenbro, a provider of specialized industrial maintenance services, has been acquired by Tailwind Capital.

CoveView acted as financial advisor to Tailwind Capital in the arrangement of $65 million of senior credit facilities to finance the acquisition.

About Loenbro:
Loenbro is a provider of specialized services to the energy, industrial, and infrastructure markets. Its range of service offerings include inspection, industrial maintenance, instrumentation and electrical, industrial insulation and coatings, pipeline construction, and other complementary specialty services.

About Tailwind Capital:
Tailwind Capital is a leading middle market private equity firm focused on growth-oriented investments in targeted sectors within industrial services, healthcare and business services.