TKE Hardware acquired by Jordan Company
By Bill Esler
April 5, 2016 | 7:34 pm CDT
Chicago - Antares Capital says it lead arrangements on a $224 million credit facility to support the acquisition of TK Enterprises by The Jordan Company.
Founded in 1994 and headquartered in Dallas, TKE is a market leading designer, distributor and manufacturer of decorative and functional hardware as well as decorative wood and other products for the kitchen and bath industry.
“We’re excited to support The Jordan Company’s investment in TKE, a business that has been part of our portfolio for over 10 years,” said Ken Chen, a vice president with Antares Capital. “TKE has a seasoned management team and differentiated business model that will continue to thrive in conjunction with the experience and expertise of The Jordan Company.”
The Jordan Company is a middle-market private equity firm that manages funds with original capital commitments in excess of $8 billion. With 34 years of experience investing across a wide range of industries including business services, manufacturing, consumer products, distribution and industrial products, it is headquartered in New York, with offices in Chicago and Shanghai. Antares Capital is a leading provider of financing solutions for middle-market, private equity-backed transactions with offices in Atlanta, Chicago, Los Angeles, New York, Norwalk, Connecticut, and Toronto.
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