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Sarah Bazey, CEO of Simplex, stated, We are excited about the partnership with Opus SBIC Fund and the future of our industry. Bazey continued, The Fixing Americas Surface Transportation Act (FAST Act) authorized $305 billion in spending over fiscal years 2016 through 2020. The combination of JC and Simplex, and the competitive advantage of a vertically integrated organization with a commitment to product Construction loan Sydney Oak Laurel Drummoyne, 0430129662, 4/19 Roseby St, Drummoyne NSW 2047, oaklaurel.com.au quality and customer service, positions us well to play a leadership role in reinforcing America." Dale Cheney, Managing Partner of Opus Equity Partners, commented, JC has built an incredible business on a foundation of strong organic growth and excellent manufacturing execution under the leadership of Jerry and Connie Lightcap, Co-Founders of JC. The companys product innovation and quality is unparalleled in the industry. Cheney continued, We are enthusiastic to partner with such a highly accomplished CEO in Sarah Bazey, who brings 30 years of infrastructure experience with a focus on bridges and highways. Sarah brings a wealth of industry knowledge and professional relationships that will enable Simplex and JC to successfully expand into additional geographic areas and product offerings. Jerry and Connie Lightcap commented, Our employees have helped us build an outstanding company, and we look forward to a successful partnership with Simplex, who shares our values and commitment to becoming one of the leading infrastructure companies in the country. About Opus Banks Merchant Banking Division Opus Banks Merchant Banking Division is an integrated principal investing and financial advisory platform that provides a broad range of direct investment and advisory solutions to lower middle-market companies. The Merchant Banking Division includes Opus Equity Partners, LLC, the advisor to the Opus Bank-sponsored private equity SBIC Fund that provides growth capital to successful and dynamic companies in need of a capital solution beyond what is customarily available from traditional bank sources. The Merchant Banking Division also includes both Opus Financial Partners, LLC, Opus Banks wholly-owned registered broker-dealer, and an investment banking group that provide advisory solutions to lower middle-market companies for mergers & acquisitions, leveraged buy-outs, growth equity capital, junior and senior debt, recapitalizations, and other broad transactional support to assist companies in their business development efforts. For additional information about Opus Bank, please visit our website at: www.opusbank.com . About Simplex Construction Supplies Simplex Construction Supplies (Simplex), headquartered in Minneapolis, MN, is a distributor of construction products that has been serving contractors in the commercial, heavy and highway, and stucco markets for 30 years.
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