A Locke Lord team led by Mike Wilson (Chicago), with key contributors Fielden Fleming (Chicago) and Jeff Kennedy (Providence), represented Prospect Partners in the investment in affiliated companies Fontanesi & Kann, an HVAC equipment and servicing company, and Architectural Building Components, an architectural material supplier. As part of the transaction, Prospect Partners and the Fontanesi & Kann management team established Central States HVAC Solutions, an HVAC distribution and services platform, which marks Prospect Partners’ 54th portfolio company. The debt finance component of the transaction was led by Jason Ulezalka (New York) and Leigh Cummings (Boston). For more information, see the press release. Additional assistance was provided by Lori Basilico, Edward Gencarelli (both of Providence), Christopher Flanagan, Gene Schlack (both of Boston), Michael Bennett, Kevin Kelly, Kenneth Suh, Tracie Harris, John Klinker (all of Chicago), Susan Rainey, Robin Shaughnessy, Travis Youngblood (all of Dallas), Sean Fifield (Los Angeles), Jaremi Chilton (San Francisco), Straat Tenney and Laura Campbell (both of New York).
Posted on November 15, 2022