White Wolf Private Credit Recapitalizes Pacific Power & Systems
July 9, 2021
White Wolf Private Credit Management LLC provided a senior secured term loan and a minority preferred equity co-investment to recapitalize Pacific Power & Systems (PPS) of Fairfield, California. The financing also supported PPS's acquisition of Millennium Electric (Orlando, Florida); the deal positions PPS for continued organic growth and add-on acquisitions as it expands into the Florida market.
- Targets
- Pacific Power & Systems, Inc., Millennium Electric, Inc.
- Industry
- Construction
- Location
- California, United States
- Transaction Type
- Recapitalization
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