Antares served as sole lead arranger and is acting as administrative agent for a senior secured credit facility to support Alpine Investors’ investment in Frank Gay Services and Best Home Services to form Apex Service Partners, an HVAC, plumbing and electrical services platform.
Based in Orlando, FL, Frank Gay Services is a plumbing, HVAC, electrical and mechanical services company. Based in Naples, FL, Best Home Services is a nationally award-winning HVAC, plumbing, and electrical services and repairs company. Together the businesses form the foundation of Apex Service Partners and will continue to operate independently under their respective brands.
“Antares moved quickly in committing to and executing this transaction,” said Daniel Cohen, vice president of investing for Alpine Investors. “We were impressed with their sector knowledge and ability to support Apex as it continues to grow.”