Business Description:
Founded in 1986, LVI Services is a national provider of high-quality environmental remediation and demolition services. LVI’s principal business is to offer turnkey services for lead paint abatement, asbestos remediation and complete facility demolition. The company’s emergency response business provides quick response in emergency situations to get its clients’ businesses back online promptly and with minimal business interruption.

Falcon Solution:
Faced with a tight timeline for closing as well as complex due diligence, the private equity group called upon Falcon for a junior capital solution. Falcon worked through the risks inherent in cost-of-completion accounting, the perceived risk of remediating asbestos and surety bonding needs in a tight market and structured a mezzanine financing comprising senior subordinated notes with warrants, preferred stock and common equity.