Mercatus Finance Announces Closing of an Incremental $20.0 Million Credit Facility in Support of its Window and Door Distribution and Installation Portfolio Company
Mercatus Finance (“Mercatus”) is pleased to announce the closing of an incremental $10.0 million senior secured term loan along with a $10.0 million delayed draw term loan to a Florida-based building products company specializing in window and door distribution and installation.
The incremental credit facility was used to support an independent sponsor’s existing platform for its acquisition of an adjacent operating company, providing further diversification within Florida and into the commercial segment. The company 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.