Augusta Sportswear gets $195 million incremental term loan

By Sara Rosenberg

New York, Jan. 10 – Augusta Sportswear Brands closed on a fungible $195 million incremental first-lien term loan, according to a market source.

Antares Capital LP led the deal.

Proceeds were used to fund the acquisition of Founder Sport Group, which closed on Jan. 5.

Augusta Sportswear, which was acquired by Platinum Equity in November 2023, and Founder Sport Group are suppliers of team uniforms and off-field performance wear primarily serving youth and recreational segments.

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