ADB Companies, LLC
Overview
| Deal Type |
Debt Capital Markets |
|---|---|
| Size |
$23.5 Million Incremental Senior Secured Credit Facilities |
| Client & Transactional Partners |
Warren Equity Partners ADB Companies, LLC |
| Our Role |
Left Lead Arranger Sole Bookrunner Administrative Agent |
Summary
On December 17, 2021, KeyBanc Capital Markets (“KBCM”) successfully closed the syndication of $23.5 million Incremental Senior Secured Credit Facilities for ADB Companies, LLC (“ADB” or the “Company”), a portfolio company of Warren Equity Partners (“WEP”). Proceeds from the facilities will be used to support ADB’s acquisition of Deerfield Construction Group, Inc., and pay transaction related fees and expenses. KBCM served as Left Lead Arranger, Sole Bookrunner, and Administrative Agent on the transaction.
ADB Companies, LLC is an industry leading, turnkey provider of end-to-end underground and aerial infrastructure services for telecommunication and power companies. Through its three business segments - Outside Plant Infrastructure, Wireless and Technology - the Company primarily designs, installs and maintains fiber optic cable networks, wireless cell towers, power lines and data hardware.
Founded in 2015 and based in Jacksonville Beach, FL, Warren Equity Partners is a private equity firm that invests in middle market, industrial and business services companies with an emphasis on companies providing solutions to maintain, operate and upgrade infrastructure and buildings. WEP’s typical approach is to establish strong partnerships with management teams and transform middle market companies through organic growth, as well as strategic add-on acquisitions.
