Mercatus Finance Announces Closing of a $37.0 Million Credit Facility to a Window and Door Distribution and Installation Company
Mercatus Finance (“Mercatus”) is pleased to announce the closing of a $37.0 million senior secured credit facility to a market leading building products company specializing in windows and doors distribution and installation.
This financing was unique to Mercatus’ ability in looking through the constraints of conventional institutional lenders or alternative credit providers and providing highly customized credit solutions for the company. The credit facility was used to support an independent sponsor’s platform acquisition of two market leading Florida-based companies. The new platform will continue to consolidate the highly fragmented industry in Florida and throughout the U.S. Sunbelt.
About Mercatus Finance
Mercatus Finance provides highly customized credit solutions to lower-middle and middle-market businesses for acquisitions, growth capital and refinancings, without the constraints typical of conventional institutional lenders or alternative credit providers. Mercatus, headquartered in Nashville, TN, specializes in private transactions with high-quality companies across a range of industries.
Mercatus was formed in 2023 with Arena Investors, LP, a global institutional investment manager known for its comfort with complex and customized financings.
For more information, please visit mercatusfinance.com.
About Arena Investors, LP
Arena Investors, LP is an institutional asset manager founded in partnership with The Westaim Corporation (TSXV: WED). Arena provides creative solutions for those seeking capital in special situations. The firm brings individuals with decades of experience, a track record of comfort with complexity, the ability to deliver within time constraints, and the flexibility to engage in transactions that cannot be addressed by banks and other conventional financial institutions.
For more information, please visit arenaco.com