Audax Private Debt announced that, as Joint Lead Arranger, it provided a unitranche credit facility to support Littlejohn & Co.’s investment in United Air Temp, Air Conditioning and Heating (“UAT” or the “Company”), a provider of HVAC and plumbing services to residential homeowners in the Mid-Atlantic and Southeastern U.S.
Founded in 1931 and headquartered in Lorton, VA, UAT provides heating and cooling system installation, repair, and maintenance services, indoor air quality, and plumbing services to homeowners across Washington D.C., Maryland, Virginia, North Carolina, and Florida. The Company maintains an attractive portfolio of long-tenured brands with strong reputations in their respective markets.