Antares Capital announced its support as administrative agent, joint lead arranger and joint bookrunner for Kohlberg & Company‘s acquisition of Amendia, a Georgia-based company specializing in medical devices for spinal surgical procedures. Antares is providing a senior secured credit facility for the deal. The close of this financing represents the firm’s 19th healthcare transaction since its spinout from GE Capital in August 2015.
Antares Capital announced today it is serving as administrative agent, joint lead arranger and joint bookrunner on a new senior secured credit facility to support the acquisition of Amendia by Kohlberg & Company.
Headquartered in Marietta, GA, Amendia is a leading designer, developer, manufacturer and marketer of innovative medical devices used during spinal surgical procedures.
“Kohlberg has a long, successful track record with Antares including several of our prior and current healthcare investments,” said Chris Anderson, partner with Kohlberg & Company. “The Antares team understands our investment thesis with Amendia, and was responsive and supportive throughout the transaction process.”
“We’re very pleased to be working with Kohlberg on their investment in Amendia, a company with a diversified customer base, state-of-the-art design and manufacturing operations, and strong growth potential,” said Chet Zara, senior managing director with Antares Capital. “The Amendia transaction also marks the latest addition to our healthcare portfolio, which historically represented 20 percent of the legacy Antares business.”
With the Amendia financing, Antares has closed 19 healthcare transactions – representing $3 billion in global commitments – since becoming a stand-alone company in August 2015.
About Kohlberg & Company
Kohlberg & Company is a leading private equity firm headquartered in Mount Kisco, New York. Since its inception in 1987, Kohlberg has organized seven private equity funds, through which it has raised over $5 billion of committed equity capital. Over its 29-year history, Kohlberg has completed 66 platform investments and over 140 add-on acquisitions, with an aggregate transaction value of approximately $10 billion. For more information, please visit www.kohlberg.com.
Headquartered in a state-of-the-art manufacturing facility in Marietta, GA, Amendia is a leading designer, developer, manufacturer and marketer of medical devices used in spinal surgical procedures. Amendia’s mission is to exceed surgeon and patient expectations by creating balanced solutions with disruptive technologies for medical devices paired with biologics and instrumentation. Amendia’s vertically-integrated strategy focuses on improving surgical outcomes and the lives of patients with spinal disorders. For more information, please visit www.amendia.com.
About Antares Capital
Antares Capital is the leading provider of financing solutions for middle-market, private equity-backed transactions with offices in Atlanta, Chicago, Los Angeles, New York, Norwalk (Connecticut) and Toronto. Antares has facilitated more than $120 billion in financing over the past five years. Antares was named 2015 Dealmakers of the Year and 2014 Lender of the Year by Mergers & Acquisitions. Visit us at www.antares.com or follow Antares Capital on Twitter at https://www.twitter.com/antarescapital. Antares Capital is a subsidiary of Antares Holdings LP.
Carol Ann Wharton, 203-229-1930