Antares served as administrative agent and sole bookrunner on a $145 million senior secured credit facility to support the acquisition of Horizon Telcom by Novacap.
Founded in 1895 and headquartered in Chillicothe, OH, Horizon is a provider of fiber-optic bandwidth infrastructure services operating primarily in Ohio.
“Antares’ TMT sector expertise was valuable during this transaction,” said Ted Mocarski, senior partner with Novacap. “We also appreciated the speed and flexibility with which they delivered the financing.”
