Antares served as sole lead arranger and is acting as administrative agent on senior secured credit facilities to support the acquisition of AEM (Holdings) Inc. and AEM Group Limited by Industrial Growth Partners (“IGP”).
Headquartered in San Diego, CA, AEM is a leading designer and producer of high-quality, mission-critical passive circuit protection components for use across a broad range of industries including commercial electronics, automobiles and satellites.
“We have a strong history of working with Antares and were pleased to have them lead the financing for this transaction,” said Matt Antaya Principal with IGP. “Antares was able to deliver on their commitment with speed and flexibility.”
“AEM has built an international platform poised for growth with operation and production centers in the U.S. and China,” said Jason Quinn, Senior Vice President with Antares. “They benefit from a strong market position, a differentiated product offering and a depth of sector expertise to leverage in IGP.”