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United States : GE Antares Capital Finances Calera Capital s Acquisition of United Site Services

August 14, 2014

GE Antares, a unit of GE Capital, announced today it served as administrative agent on a $265 million senior secured credit facility to support the acquisition of United Site Services (USS) by Calera Capital. GE Capital Markets served as sole lead arranger and bookrunner on this facility.

Headquartered in Westborough, MA, USS is a leader in portable restrooms and fence rentals with more than 60 locations throughout the United States.

GE Antares is a highly valued relationship for Calera, said Ethan Thurow, principal at Calera. Their expertise, reliability and responsiveness makes them an ideal financing partner.

We're pleased to provide debt and equity financing to Calera in support of the acquisition of USS, said James Kenefick, senior managing director of GE Antares. "We look forward to continuing to support Calera and management as they pursue exciting growth opportunities.

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Source: TendersInfo (India)

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