Len the Plumber and Thompson Street Capital Partners

Madison Capital Funding closed a senior debt facility to finance a leveraged buyout of Len the Plumber by Thompson Street Capital Partners.  Madison Capital Funding was the Joint Lead Arranger and Administrative Agent. Further terms were not disclosed.

Len the Plumber is a full-service residential plumbing contractor in the Baltimore-Washington metro area and surrounding regions.

Founded in 2001, Madison Capital Funding is a market leader in supporting middle market private equity sponsors with cash-flow based corporate finance products. Since inception, Madison Capital Funding has invested $36.6 billion in 1,243 middle market transactions with 315 private equity sponsors.

The loan discussed does not represent an account’s entire portfolio and in the aggregate, may represent only a small percentage of an account’s portfolio holdings. A complete list of all holdings is available upon request; please contact media@mcfllc.com. It should not be assumed that recommendations made in the future will be profitable or will equal the performance of the loans mentioned herein.

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