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Deloitte Corporate Finance LLC Advises AirBorn, Inc. in its RecapitalizationCHARLOTTE, N.C., Nov. 12, 2018 /PRNewswire/ -- Deloitte Corporate Finance LLC (Deloitte) acted as the exclusive financial advisor to AirBorn, Inc., a Georgetown, Texas-based employee stock ownership plan (ESOP) manufacturing firm that specializes in the creation of mission-critical electronic components, in its recapitalization with LBC Credit Partners and Wells Fargo Capital Finance. The transaction closed Sept. 17, 2018. "We could not be more pleased with the outcomes for AirBorn and our employee shareholder-base," said Cindy Lewis, CEO of AirBorn, Inc. "Deloitte has been a trusted advisor for many years and they were instrumental in guiding us through this transaction. Their knowledge of our industry and the intricacies of ESOP corporate structures and relationships in the lending community were critical factors leading to this recapitalization. They positioned our leadership team for success in all steps of the process and worked tirelessly to enable AirBorn achieved a great result." "Combining AirBorn's reputation for providing high quality, mission-critical electronic components and strong track record of growth with our capital advisory experience contributed to AirBorn achieving its financing objectives," said John Deering, managing director, Deloitte Corporate Finance LLC and head of DCF's private capital solutions practice. About AirBorn, Inc. The Company services a wide variety of industries such as aerospace and defense, medical, industrial automation, and energy. It currently operates several manufacturing facilities in the United States as well as in the United Kingdom and Canada. For more information, visit https://www.airborn.com/. About LBC Credit Partners Wells Fargo Capital Finance About Deloitte Corporate Finance LLC Prior engagement performance is no guarantee of future performance and may not be representative of the experience of other clients. This communication is for informational purposes only and is not intended as an offer or solicitation for the purchase or sale of a security. Deloitte Corporate Finance LLC, an SEC registered broker-dealer and member of FINRA and SIPC, is an indirect wholly-owned subsidiary of Deloitte Financial Advisory Services LLP and affiliate of Deloitte Transactions and Business Analytics LLP. Investment banking products and services within the United States are offered exclusively through Deloitte Corporate Finance LLC. For more information, visit www.investmentbanking.deloitte.com. Please see www.deloitte.com/us/about for a detailed description of our legal structure. Certain services may not be available to attest clients under the rules and regulations of public accounting. For media inquiries, please contact: Shelley Pfaendler
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