Founded in 2001 in Toledo, OH, GPRS is a provider of advanced scanning services for subsurface infrastructure. GPRS has a nationwide network of more than 250 project managers.
“We view Antares as a value-added partner which provided certain and scalable financing, important in the current market,” Benjamin Mao, partner of Kohlberg, said. “Antares has provided GPRS with a flexible capital structure that will support the company in its execution of its long-term strategic plan.”
“As always, we’re pleased to support Kohlberg in their latest investment,” Vince Di Grande, senior vice president with Antares Capital, said. “GPRS is a market leader with a strong value proposition for its clients and world class operations. We look forward to working closely with Kohlberg and the GPRS team as they pursue continued growth for the business.”
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.