Varagon Capital Partners (Varagon) is serving as Administrative Agent, Joint Lead Arranger and Joint Bookrunner on a senior secured credit facility to support the acquisition of Sila Heating & Air Conditioning (Sila) by investment funds managed by Morgan Stanley Capital Partners (MSCP).

Sila Heating & Air Conditioning, Inc was founded in 1989 and is headquartered in King of Prussia, PA.

Sila provides a wide range of HVAC services in the North-eastern and Mid-Atlantic United States, servicing customers from New Hampshire to Virginia, including replacement, service, and maintenance, as well as plumbing and water treatment services.

Read more/Source: Private Equity Wire