Antares served as lead left arranger and administrative agent for a senior secured credit facility to support the merger of Service Champions and Moore Home Services by CenterOak Partners.
Headquartered in Orange County, CA, the merger of Service Champions and Moore Home Services creates one of the largest residential HVAC contractors on the West Coast. Service offerings include residential heating and air conditioning repair and replacement, plumbing, solar and electrical services.
“We are pleased to have Antares lead the financing for this transaction as we form one of the leading providers of home maintenance and repair services across Southern and Northern California,” said Randall Fojtasek, managing partner with CenterOak Partners. “Given our longstanding relationship with Antares and their knowledge of the sector, we were confident in their ability to execute with speed and certainty.”
“We are pleased to support CenterOak as they put their experience and resources to work for this newly formed company,” said Doug Koch, managing director with Antares. “With a solid management team, a focus on customer service and a leading market position, the newly formed company is well positioned for continued growth.”
