Texas Capital, Comerica Finance Highlander Deal
Private investment firm Highlander Partners announced the acquisition of Versatex Building Products (f/k/a Wolfpac Technologies).
The company said Texas Capital Bank and Comerica Bank provided senior financing facilities and AEA Mezzanine Fund III provided mezzanine debt to support the transaction. Craig-Hallum Capital Group served as the exclusive financial advisor to Versatex in connection with the deal.
Founded in 2003, Pittsburgh, PA-based Versatex is a provider of cellular PVC building products serving both the new construction and renovation/remodel markets.