Monroe Capital Supports Warren Equity Partners’ M&D Add-on Acquisition

July 29, 2020

Source: Monroe Capital LLC

Monroe Capital LLC today announced an increase in the credit facility to Magneto & Diesel Injector Service, Inc. (“M&D”) to support the acquisition of an Automotive Parts Company. M&D is an existing portfolio company of Warren Equity Partners.

The automotive parts company is a provider of aftermarket and remanufactured components for heavy duty diesel engine repairs. M&D is a leading independent distributor and remanufacturer of aftermarket parts and components for maintaining and repairing diesel-powered engines. This acquisition will diversify the overall M&D platform from a geographical, customer and product portfolio position, enhancing their ability to become a one stop shop for the auto diesel engine.

About Monroe Capital

Monroe Capital LLC (“Monroe”) is an asset management firm specializing in direct lending, equity co-investments and opportunistic private credit investing. Since 2004, the firm has provided private credit and equity co-investment solutions to borrowers in the U.S. and Canada. Investment types include cash flow, enterprise value and asset-based loans; unitranche financings; and equity co-investments. Monroe is committed to being a value-added and user-friendly partner to business owners, senior management, and private equity and independent sponsors. The firm is headquartered in Chicago and maintains offices in Atlanta, Boston, Los Angeles, New York, and San Francisco.

Monroe has been recognized by Creditflux as the 2019 Best US Direct Lending Fund; Global M&A Network as the 2019 Small Middle Markets Lender of the Year; Private Debt Investor as the 2018 Lower Mid-Market Lender of the Year; M&A Advisor as the 2016 Lender Firm of the Year; and the U.S. Small Business Administration as the 2015 Small Business Investment Company (SBIC) of the Year. For more information, please visit monroecap.com.

 

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