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Antares Capital Supports ShoreView Industries Acquisition of Winzer Corporation

October 31, 2017, 07:18 AM
Filed Under: Mergers & Acquisitions

Antares Capital announced it is serving as administrative agent and sole lead arranger on a senior secured credit facility to support the acquisition of Winzer Corporation (Winzer) by ShoreView Industries. Terms of the financing were not disclosed.

Headquartered in Plano, TX, Winzer is a leading distributor of maintenance repair supplies. With a fully automated warehouse system, 99 percent fill-rate, extensive customer service and a network of independently owned franchises, Winzer Corporation is a single source supplier for automotive and industrial maintenance repair supplies.

“We’ve worked closely with Antares since the inception of our firm and value the speed and flexibility with which they deliver,” said Tom D’Ovidio, partner with ShoreView. “We were pleased to have Antares lead the financing for our investment in Winzer, the fifth transaction we’ve closed with their support within the last year.”

“With over 70,000 products, 30,0000 customers and 275 franchisees, Winzer is an established leader in the industrial maintenance supply market,” said Dave Swanson, managing director with Antares. “We look forward to supporting Winzer and ShoreView as together they continue to grow and expand the company,”

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