Graycliff Partners Announces Credit Investment in Raptor Scientific

Graycliff Partners LP announced it has completed an investment in Raptor Scientific, a testing and measurement company focused on the Aerospace & Defense market. 

Raptor Scientific is a platform focused on consolidating the highly fragmented Aerospace & Defense testing and measurement market. The company was founded and completed its first acquisition, Space Electronics, in 2019. Raptor Scientific is owned by L Squared Capital Partners, a private equity firm based in Newport Beach, CA. Graycliff’s unitranche debt investment and equity co-investment in Raptor Scientific supported its acquisition of Sensor Concepts Inc.  

“We are pleased to work with L Squared and the Raptor Scientific team in this transaction. L Squared has an impressive track record and has built a successful A&D testing platform with a great team. We look forward to continue supporting the growth of Raptor Scientific,” said Brian O’Reilly, Managing Director, Graycliff Partners. 

“We are excited to bring Graycliff on as one of our financing partners. They were able to close the transaction quickly and efficiently in a challenging market environment,” said Sean Barrette, Partner, L Squared Capital Partners. “We look forward to working with them as we continue to grow Raptor Scientific.”

About Graycliff Partners LP

Graycliff Partners is an investment firm focused on making lower middle market investments. Through dedicated equity and credit funds, Graycliff seeks to invest in companies led by strong, entrepreneurial management teams, providing capital for acquisitions, management buyouts, recapitalizations, growth and expansion.

Graycliff Partners’ dedicated credit platform manages over $650 million of committed capital and provides financing solutions to lower middle market companies with $3 million to $40 million of EBITDA.

Graycliff is actively seeking new opportunities to deploy capital via unitranche debt, subordinated debt, or minority equity. Please reach out to anyone on the Graycliff team – we are happy to discuss new potential opportunities.