Daily News: January 8, 2018

Antares Capital Supports AC&A EnCore Acquisition


Antares Capital served as administrative agent and lead left arranger on a senior secured credit facility for AE Industrial Partners portfolio company AC&A Enterprises Holdings. The facility will support AC&A’s acquisition of Encore Composite Structures.

Headquartered in Brea, CA, Encore is a designer and manufacturer of highly engineered components which utilize composite and other lightweight materials for commercial and military aerospace applications.

“We have built a great relationship with Antares through prior transactions,” said Kirk Konert, principal at AE Industrial Partners. “With a flexible approach and certainty of execution they continue to deliver the financing we need for these strategic acquisitions.”

“We were pleased to work with AE Industrial and AC&A on this transaction,” said Kevin Fitzgerald, senior vice president with Antares. “This acquisition expands AE Industrial Partners’ expertise and we look forward to watching the progress of the combined company.”

AE Industrial Partners is a private equity firm specializing in control-oriented investments in aerospace, power generation and specialty industrial businesses.

Antares Capital is a credit manager and provider of financing solutions for middle-market, private equity-backed transactions.