Announcements
Lynn Roberts International Inc. Has Been Recapitalized by Bush O'Donnell Capital Partners, LLC and C3 Capital Partners, LP
07.20.05

CHICAGO, July 20, 2005 - Duff & Phelps, LLC, a leading investment banking and financial advisory firm, is pleased to announce that Lynn Roberts International Inc. (LRI) has been recapitalized with equity and subordinated debt financing provided by Bush O'Donnell Capital Partners, LLC, C3 Capital Partners, LP and LRI's existing management team. Southwest Bank provided senior debt financing for the transaction. Duff & Phelps initiated the transaction, assisted in negotiations and served as the exclusive financial advisor to LRI.

LRI is one of the largest independent importers of sunglasses, reading glasses and general wholesale merchandise in the United States, and is centrally located in Omaha, Neb. LRI has 43 years of experience in importing and distributing products from overseas.

Bush O'Donnell Capital Partners, LLC is manager of Eagle Fund I, LP, a licensed Small Business Investment Company, and is located in St. Louis, Mo.

C3 Capital Partners, LP provides equity and mezzanine financing for growth capital, strategic acquisitions, ownership transitions and recapitalizations. C3 has offices in Kansas City, Mo., and Dallas, Texas, and primarily invests in the Midwest and South.

Southwest Bank of St. Louis is a commercial bank that offers personal and business banking services. The company is an affiliate of Marshall & Ilsley, a diversified financial services company based in Milwaukee, Wis.

Duff & Phelps is a national investment banking and financial advisory firm, headquartered in Chicago, that focuses on providing merger and acquisition, private placement, valuation, financial opinion and restructuring services to middle-market companies. Since 1932, Duff & Phelps has been committed to delivering independent advice and service of exceptional quality to a broad range of public and private companies. More information on Duff & Phelps can be found at www.duffllc.com.

Contacts:

David Althoff
Managing Director
(312) 697-4625

 

Laura Horstmann
Associate
(312) 697-4678