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BB&T Capital Partners has partnered with Bob Bicksler and existing management to complete a control recapitalization of JML Optical Industries. Mr. Bicksler is now serving as the company's CEO. BB&T CP invested $9.7 million of equity as part of the transaction, while M&T Bank provided senior debt. JML designs and manufactures custom precision optics and optical assemblies. The company was advised by M&T Investment Banking Group.
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