Brookside Mezzanine Partners has made an undisclosed investment in ERC Holdings LLC. Based in Jacksonville, Florida, ERC is a provider of customer life cycle management services to Fortune 500 companies.
Brookside Mezzanine Partners is pleased to announce its investment in ERC Holdings, LLC (“ERC”). Founded in 1999 and headquartered in Jacksonville, FL, ERC is a provider of customer lifecycle management services, including accounts receivable management, business process outsourcing and market research, to Fortune 500 companies.
Brookside Mezzanine Partners provided subordinated debt and an equity co-investment to facilitate the refinancing of ERC by RLJ Equity Partners, LLC, a Bethesda, MD-based middle-market private equity firm focused on generating long-term capital appreciation by investing in profitable and growing businesses led by strong management teams. RLJ Equity Partners was founded in 2006 by Robert L. Johnson in partnership with The Carlyle Group.
About Brookside Mezzanine Partners
Founded in 2001, Brookside Mezzanine Partners manages in excess of $500 million across three mezzanine funds. The Firm is a leading provider of subordinated debt and minority equity capital to small and mid-sized companies throughout the United States. We invest in both sponsored and non-sponsored transactions and provide junior capital and unitranche financing to support buyouts, leveraged recapitalizations, strategic acquisitions, dividends and growth capital.