GE Antares Capital Provides $150MM Facility to Henry Company
GE Antares announced it served as administrative agent on a $150 million senior credit facility to support the acquisition of Henry Company by a group of investors. Graham Partners led the acquisition, partnering with OceanBridge Partners. Other investors included management and the former owners of the company. GE Capital Markets served as sole lead arranger and bookrunner on the transaction.
Headquartered in El Segundo, CA, Henry Company is a manufacturer and distributor of roofing and building envelope products and systems.
“The GE Antares team understands our business, and working on our prior transactions enabled them to structure a deal which helps us build a stronger business,” said Rob Newbold, managing principal at Graham Partners. “The team’s responsiveness and industry knowledge was invaluable on this acquisition and we look forward to working with them as we continue to grow our business.”
“GE’s relationship with Graham Partners and Henry Company enabled us to provide a financing solution that worked for all parties,” said Brian Polomsky, senior vice president of GE Antares. “We look forward to working with them as they enhance Henry’s leadership in building high performance and innovative building solutions.”