Independent Bankers Capital Funds (“IBCF”) is pleased to announce its investment in Lane Supply, Inc. Founded in 1950 in Arlington, Texas, Lane Supply is a national manufacturer, supplier and installer of canopies and related components, primarily for all sectors of the retail petroleum industry, from independent regional and national oil marketers to major oil companies. Lane’s retail petroleum customers also include convenience store chains, large wholesale clubs and grocery store chains. Lane’s customized canopies and structures are also used for major projects at airports, sports facilities, schools, office buildings and various types of retail outlets.
IBCF’s investment enabled Lane’s senior managers to acquire control of the Company.