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Citizens Leads $105MM Financing for Style Crest Enterprises

Date: May 14, 2024 @ 07:54 AM
Filed Under: Building Supplies

Citizens led a $105 million credit facility, which included a $75 million term loan and a $30 million revolving line of credit, for Style Crest Enterprises to help the company refinance existing debt and fund acquisitions. Citizens was Lead Left bookrunner and administrative agent.

Founded in 1970, Ohio-based Style Crest is a family-owned and -operated wholesale distributor and installer of building products, including heating, ventilation and air conditioning (HVAC), doors, windows, accessories, foundation coverings and entrance systems, for the manufactured housing industry. They also manufacture and distribute vinyl siding and related products for the residential housing industry.

“We greatly appreciate the partnership with Citizens,” said Style Crest Enterprises Owner and CEO Bryan Kern. “Citizens is a trusted advisor who worked closely with our team to understand our needs and accelerate our growth by offering personalized advice and innovative products and solutions.”

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