Graycliff Partners Announces Credit Investment in Attic Breeze
Graycliff Partners LP announced it closed on a unitranche debt and equity co-investment in support of ArchStar Capital’s acquisition of Attic Breeze, a leading manufacturer of solar-powered ventilation products. ArchStar Capital is a St. Louis-based independent sponsor focused on investing in lower middle market companies.
Attic Breeze, founded in 2006 and headquartered in Gatesville, Texas, manufactures high-quality solar-powered attic fans and accessories designed to improve the energy efficiency of homes and businesses. Attic Breeze is committed to helping the world become more energy efficient with its solar-powered ventilation solutions. Attic Breeze products are made in the USA from quality domestic and foreign materials, third-party tested, windstorm certified, and backed with an industry-leading warranty. Attic Breeze is led by founder and CEO, Travis Hipp.
“We are pleased to partner with ArchStar and Attic Breeze on this transaction,” said Brian O’Reilly, Partner, Graycliff Partners. “The company is the leader in its niche and is well positioned to expand. We look forward to working with them to help build upon their success.”
“We are excited to bring Graycliff on as our financing partner. They were creative, flexible and efficient throughout the process,” said Jake Sturdy, Partner, ArchStar Capital Partners. “We look forward to working with them again in the near-term.”