Monroe Capital Provides $43.25 Million for the acquisition of R. Cushman & Associates, Inc.
Chicago, IL, April 4, 2012
Monroe Capital LLC today announced the funding of a $43.25 million unitranche facility and an equity co-investment to support the acquisition of R. Cushman & Associates, Inc. by Fabco Automotive Corporation Partners, a portfolio company owned by Wynnchurch Capital, Ltd.
Based in Farmington, MI, R. Cushman & Associates, Inc. is a design and manufacturing company with over 40 years of experience in power transmission products. Product applications are for both off and on-road vehicles in a variety of end markets, including military vehicles, airport fire and rescue, mobile drilling rigs, and drives for the steel and mining industries.
About Monroe Capital
Monroe Capital is a private investment firm providing senior and junior debt and equity co-investments to middle-market companies in the U.S. and Canada. Investment types include unitranche financings, cash flow and enterprise value based loans, acquisition facilities, mezzanine debt, second lien or last-out loans and equity co-investments. Monroe Capital prides itself on its flexible investment approach and its ability to close and fund transactions quickly. Monroe is committed to being a value-added and user-friendly partner to owners, senior management and private equity sponsors. To learn more about Monroe Capital, visit www.monroecap.com.