Antares served as sole lead arranger and sole lender on $65 million in senior secured credit facilities to support the acquisition of Metal Era by GreyLion Capital.
Founded in 1980 in Waukesha, WI, Metal Era is a manufacturer of roofing products focused on metal edge and ventilation solutions for commercial, institutional and industrial buildings.
“We appreciate Antares’ speed, flexibility and ability to speak for the full facility size,” John McKee, partner at GreyLion Capital, said. “They showed an impressive ability to commit and close in the midst of the fallout from COVID-19.”
“We are pleased to support GreyLion as they invest in Metal Era, a national leader in an industry with considerable growth potential,” Michael Hynes, managing director with Antares, said. “With significant investment in cutting edge automation technology and a strong leadership team, we look forward to the continued growth of Metal Era.”
With approximately $27 billion of capital under management and administration as of Dec. 31, 2019, Antares is a private debt credit manager and provider of financing solutions for middle-market private equity-backed transactions.
