Daily News: August 14, 2014

GE Antares Agents Financing of Calera Capital’s USS Buy

GE Antares announced it served as administrative agent on a $265 million senior secured credit facility to support the acquisition of United Site Services (USS) by Calera Capital.

GE Capital Markets served as sole lead arranger and bookrunner on this facility.

“GE Antares is a highly valued relationship for Calera,” said Ethan Thurow, principal at Calera. “Their expertise, reliability and responsiveness makes them an ideal financing partner.”

“We’re pleased to provide debt and equity financing to Calera in support of the acquisition of USS,” said James Kenefick, senior managing director of GE Antares. “We look forward to continuing to support Calera and management as they pursue exciting growth opportunities.”

Westborough, MA-headquartered USS is a provider of portable restrooms and fence rentals with more than 60 locations throughout the U.S.