Colbeck Capital Management Provides $65 Million Senior Secured Debt Facility to Commercial Specialty Contractor
Colbeck Capital Management provided a $65 million senior secured debt facility to one of the largest mechanical contractors in the United States. An industry leader in mechanical systems solutions, the company specializes in the design, installation, management, service, and maintenance of HVAC, mechanical, electrical, plumbing and control systems.
Proceeds from the facility were used to refinance the company’s existing credit facility, provide working capital, and fund future acquisitions. Headquartered in Pittsburgh, Pennsylvania, the company enjoys a national, blue chip customer base and continues to expand its presence in key geographic regions.
Colbeck Capital Management has extensive experience providing strategic capital to support companies’ refinancing needs and future portfolio investments.