Varagon backs Knox Lane’s investment in Any Hour

Varagon Capital Partners has provided a credit facility to back Knox Lane's investment in Utah-based Any Hour Services, a home services company.

Varagon Capital Partners has provided a credit facility to back Knox Lane’s investment in Utah-based Any Hour Services, a home services company. No financial terms were disclosed. Varagon was the administrative agent, joint arranger and joint bookrunner on the financing.

PRESS RELEASE

New York, NY, July 22, 2021 – Varagon Capital Partners, L.P. (Varagon) today announced it is serving as Administrative Agent, Joint Arranger and Joint Bookrunner on a senior secured credit facility to support Knox Lane’s investment in Any Hour Services (Any Hour).

About Any Hour Services
Founded in 1961, Any Hour is a market-leading home services company providing thousands of residential customers in the broader Salt Lake City region with a full suite of HVAC, plumbing, and electrical services, including repairs, replacements, and maintenance. With a long history of organic growth and a workforce of more than 300 employees and technicians, Any Hour’s unique culture and track record of success has positioned it for continued growth, hiring, and acquisitions.

About Varagon Capital Partners
Varagon Capital Partners is an asset manager focused on direct lending to middle market companies. Varagon invests across the capital structure and offers flexible financing solutions to meet the needs of borrowers and private equity sponsors. Varagon manages funds and accounts on behalf of institutional investors that seek exposure to high-quality, directly-originated middle market loans. As of December 31, 2020, Varagon had made over $17.9 billion of financing commitments to over 200 companies.