Welcome
We are excited to introduce ourselves to you and our unique way of working together. In order to provide you with the optimal experience, how would you describe yourself?

Case Study

Financing the leveraged buyout of Precision Pipeline by MPE Partners

Precision Pipeline provides horizontal directional drilling and excavation services for the gas distribution, electric utility, water utility, and telecom end markets.

Case Study

Financing the leveraged buyout of Precision Pipeline by MPE Partners

Precision Pipeline provides horizontal directional drilling and excavation services for the gas distribution, electric utility, water utility, and telecom end markets.

At a Glance

Founded in 1997 with headquarters in Lancaster, Ohio, Precision Pipeline provides horizontal directional drilling and excavation services for the gas distribution, electric utility, water utility, and telecom end markets. With a core competency in completing complex projects, Precision Pipeline differentiates itself through its quality, breadth of services, and safety/environmental record.

In July 2023, Prudential Private Capital provided a senior secured credit facility to finance the leveraged buyout of Precision Pipeline by MPE Partners.

The investment is part of Prudential Private Capital’s Direct Lending strategy which provides relationship-focused debt capital for both sponsor-backed and management-owned businesses in the mid-market.

Relationship since 2023
Transaction details:
  • Revolving Credit Facility
  • Senior Term Loan
Meet the team

The Full Story

Additional case studies

Client company logo
Solør Bioenergi refinances existing debt facility
Relationship Since 2024
See the full story
Client company logo
Fueling Allient’s future growth and access to capital through a Pru-Shelf Facility
Relationship Since 2024
See the full story
Client company logo
Maxam sets up multi-currency Shelf facility with initial loan draw
Relationship Since 2024
See the full story

Meet our team

See all people
Right arrow
Sarah Bittner headshot
312.228.6512
Email
Direct Lending

Perspectives

Learn More
You might also like