Capital Southwest backed Hidden Harbor Capital’s refinancing of Air Conditioning Specialists with a senior secured first lien term loan and a minority equity co-investment. Capital Southwest led the financing and will act as the sole administrative agent on the facility.
“We are excited to partner with Hidden Harbor on its investment in ACS and look forward to supporting the continued growth of the platform throughout the Southeast,” Ryan Kelly, managing director at Capital Southwest, said.
“The ACS team has developed a strong reputation as one of the premier residential and commercial HVAC companies, having operated in Georgia for over 50 years,” Grant Eason, senior vice president at Capital Southwest, said.