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Luminator Technology Group

Leveraged Finance solution for transportation company

Challenge

Siemens Financial Services (SFS) and Levin Leichtman Capital Partners (LLCP), a private equity firm, have worked together on various transactions to date. LLCP’s portfolio company, Luminator Technology Group (LTG), is a leading manufacturer and integrator of LED-based lighting and display technology as well as passenger information systems to the global mass transportation market with locations in the US, Denmark and Germany. LTG contacted SFS for a financing solution to support the company’s continued growth into the global mass transportation market.

Solution

SFS provided LTG with a $37 million senior financing to expand their working capital needs. The proceeds allowed LTG to refinance existing debt, and pay other fees and related expenses. SFS provided a multi-currency capital structure and working capital for LTG, allowing them to achieve their business goals.

Benefits to the Customer

This opportunity allowed SFS to expand our leveraged finance offering into Germany and Denmark. SFS has delivered a global, best-in-class finance solution to LLCP, therefore, enhancing the relationship for future opportunities.

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