Labor Law Center Secures Investment from New Canaan Funding for Strategic Growth

New Canaan Funding LLC has successfully closed a significant investment in Labor Law Center (LLC), an e-commerce company based in Santa Ana, California, that specializes in designing and marketing state and federal labor law compliance posters. This investment, facilitated through New Canaan Funding Mezzanine VII SBIC, LP (NCF VII SBIC), supports a dividend recapitalization for LLC and its financial partner Kian Capital Partners, LLC. The financing structure comprises both debt and equity to bolster LLC's financial standing. LLC caters to a broad spectrum of clients, from small businesses to large corporations, ensuring compliance with labor regulations through a recurring revenue model, particularly its Compliance Protection Plan. New Canaan Funding, based across three states, is a mezzanine firm engaging in middle market private sponsor community ventures, and this deal represents its third collaboration with Kian Capital within the NCF VII SBIC fund. Kian Capital, with over $825 million in capital under management, aims to leverage strategic partnerships to facilitate growth and yield sustainable value within the lower-middle-market segment. The collaboration with Labor Law Center is set to expand and strengthen LLC’s business operations and market presence.