Starboard Merger Company, LLC (d/b/a AHF Products)

Overview

Deal Type Debt Capital Markets
Size $265 Million
Senior Secured Credit Facilities
Client & Transactional Partners Paceline Equity Partners
AHF Products
Our Role Joint Bookrunner
Joint Lead Arranger

Summary

On February 1, 2022, KeyBanc Capital Markets (KBCM) successfully closed the syndication of a $215 million First Lien Term Loan (Term Loan) in support of Paceline Equity Partners' (Paceline) acquisition of AHF Products (AHF). Additionally, KeyBank committed to a $50 million Asset-Based Revolving Credit Facility (ABL). Proceeds from the Credit Facilities (ABL and Term Loan) were used to support the acquisition of AHF, support ongoing working capital needs, and pay transaction related fees and expenses. KBCM served as Joint Lead Arranger and Joint Bookrunner on the Term Loan.

Headquartered in Mountville, PA, AHF is a leading producer of hard surface flooring in North America with leading category positions, entrenched customer and channel relationships. AHF has a comprehensive portfolio of brands and products across solid wood flooring, engineered flooring, and hard surface flooring.

Paceline was founded in late 2018 by former Lone Star Funds executives. Located in Dallas, Texas, Paceline was formed to pursue value-oriented, opportunistic, and special situations investments across private equity, corporate debt and real estate.

Recent Deals

July 2025

kodiak

a portfolio company of

courtsquare

divested

kodiak partner

to a

Private Investor Consortium

Exclusive Sell-Side Advisor

kodiak-interiors-group-llc
July 2025

beacon

acquired

ascension borgess

from

ascension

Financial Advisor

beacon-health
July 2025

radiology partners

a portfolio company of 

nea

and

whistler capital

$1.815 Billion

Senior Secured Credit Facilities

$900 Million

8.50% First Lien Secured Notes due 2032

Joint Lead Arranger
Joint Bookrunner

radiology-partners
June 2025

allied

$245 Million

Senior Secured Credit Facilities

Debt Advisor

allied

Connect With Us

Find an Expert