Antares Capital announced it is serving as administrative agent, joint lead arranger and joint bookrunner on an $80 million senior secured credit facility to support the acquisition of West Star Aviation by Norwest Equity Partners.
West Star Aviation specializes in airframe repair and maintenance, engine repair and maintenance, major modifications, avionics installation and repair, interior refurbishment, and accessory services. Equity investment firm NEP focuses on partnering with companies to build them into industry leaders.
“We’re pleased to support NEP’s investment in West Star Aviation,” said David Swanson, managing director at Chicago-based Antares Capital, which operates an office in Norwalk. “We look forward to working closely with the West Star team and NEP on driving operational excellence and performance for the company.”