Press Releases
Monroe Capital Supports CORE Industrial Partners’ Acquisition of Midwest Composite Technologies
Chicago, IL, September 6, 2018
Monroe Capital LLC today announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of Midwest Composite Technologies (“MCT”) by private equity sponsor, CORE Industrial Partners.
Founded in 1984 and headquartered in Hartland, Wisconsin, MCT is a leading additive manufacturer of prototype and low-volume production components for a variety of end markets, including medical, aerospace, research & development, consumer and general industrials. MCT serves a diverse customer base from a 120,000 square foot facility.
About Monroe Capital
Monroe Capital LLC (“Monroe”) is a private credit asset management firm specializing in direct lending and opportunistic private credit investing. Since 2004, the firm has provided private credit solutions to borrowers in the U.S. and Canada. Monroe’s middle market lending platform provides senior and junior debt financing to businesses, special `situation borrowers, and private equity sponsors. Investment types include unitranche financings; cash flow, asset based and enterprise value based loans; 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, Dallas, Los Angeles, New York, and San Francisco.