CHICAGO--(BUSINESS WIRE)--Antares announced today that it served as joint lead arranger and is acting as administrative agent for a senior secured credit facility to support Quad-C Management, Inc.’s (“Quad-C”) investment in Boulder Scientific Company (“Boulder Scientific”), a specialty chemical company.
Incorporated in 1961 by founder John Birmingham, Boulder Scientific has since grown to offer unique, high-performance organometallic compounds and custom chemical solutions for organizations in the plastics, electronics, defense, pharmaceuticals and aerospace industries.
“Quad-C and Antares have a long history, so we were pleased that Antares quickly committed to supporting this transaction,” said Rob Reistetter, principal, Quad-C. “The Antares team worked efficiently throughout the process and created a financing package that aligned well with our growth strategy for Boulder Scientific.”
“Antares has extensive experience in the specialty chemicals space which allowed them to easily understand the transaction and provide significant capital to support our investment,” said Tom Hickey, partner, Quad-C. “We look forward to working with Antares and the management team at Boulder Scientific to continue their mission of offering industry-leading solutions.”
“Boulder Scientific is a market leader with a strong reputation for providing its customers with highly complex, customized and cutting-edge catalysts,” said Doug Koch, managing director with Antares. “With Quad-C’s partnership and a very experienced management team, they are well positioned to continue on a path of growth and innovation.”
With approximately $24 billion of capital under management and administration as of December 31, 2018, Antares is a private debt credit manager and leading provider of financing solutions for middle-market private equity-backed transactions. In 2018, Antares issued nearly $25 billion in financing commitments to borrowers through its robust suite of products including first lien revolvers, term loans and delayed draw term loans, 2nd lien term loans, unitranche facilities and equity investments. Antares world-class capital markets experts hold relationships with over 400 banks and institutional investors allowing the firm to structure, distribute and trade syndicated loans on behalf of its customers. Since its founding in 1996, Antares has been recognized by industry organizations as a leading provider of middle market private debt, most recently being named the 2018 Lender of the Year by ACG New York. The company maintains offices in Atlanta, Chicago, Los Angeles, New York and Toronto. Visit Antares at www.antares.com or follow the company on Twitter at www.twitter.com/antarescapital. Antares Capital is a subsidiary of Antares Holdings LP., collectively (“Antares”).