Varagon Capital Partners is serving as administrative agent, joint lead arranger and joint bookrunner on a senior secured credit facility to support the acquisition of Sila Heating & Air Conditioning by investment funds managed by Morgan Stanley Capital Partners.

Sila Heating & Air Conditioning was founded in 1989 and is headquartered in King of Prussia, PA. The company provides a HVAC services in the Northeast and Mid-Atlantic regions of the United States, servicing customers from New Hampshire to Virginia with replacement, service and maintenance, as well as plumbing and water treatment services.