Wrench Group to launch $100 million incremental term loan on Thursday

By Sara Rosenberg

New York, Oct. 21 – Wrench Group, LLC will hold a lender call at 4 p.m. ET on Thursday to launch a non-fungible $100 million incremental first-lien term loan due April 2026, according to a market source.

Jefferies LLC, Macquarie Capital (USA) Inc. and Antares Capital are the bookrunners on the deal.

Proceeds will be used to fund cash to the balance sheet for potential future acquisitions.

Wrench Group is a provider of home maintenance and repair services specializing in heating, ventilation and air conditioning, plumbing, electrical and water quality services.

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