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Seaside Equity Partners buying TalentSmart

Seaside Equity Partners, which invests in lower-middle-market business service companies based in the western and southwestern U.S., is acquiring TalentSmart Inc.

LBC Credit Partners Inc. affiliate LBC Small Cap provided senior secured credit facilities and an equity co-investment to fund the transaction.

LBC Small Cap was the agent and sole lead arranger for the senior secured credit facilities.