Audax Private Debt provided a unitranche credit facility to support Incline Equity Partners in its acquisition of GME Supply, an omni-channel distributor of fall protection, safety and productivity equipment. Audax Private Credit served as the administrative agent and lead arranger for the financing.
Founded in 2005 and headquartered in Columbia, MO, GME supplies a selection of fall protection, rigging materials, workwear and PPE to technicians and contractors working at-height in the telecom, utility, aerial construction and renewable energy markets. The company provides expedited delivery of products that are critical to worker safety while catering to unique customer needs with value-added services like curated kitting and certified training courses.
“GME Supply has established itself as a leading platform for reliable, high quality safety equipment, trusted by its customers to provide critical protection to their employees,” Peter Stern, managing director at Audax Private Debt, said. “The company’s industry expertise and distribution footprint creates a unique value proposition for its customers, and we are excited to partner with the Incline team as they build upon GME’s momentum and help the company scale its business and accelerate its growth plan.”
“Audax Private Debt has been an efficient and collaborative partner throughout the financing process,” Leon Rubinov, senior partner at Incline, said. “Their dedication and ability to adapt have been instrumental, and we are confident in their continued support as we work together to unlock the full potential of GME.”
