Monroe Capital Supports CORE Industrial Partners’ Acquisition of Prototek Sheetmetal Fabrication
Chicago, IL, December 13, 2017
Monroe Capital LLC (“Monroe”) today announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of Prototek Sheetmetal Fabrication (“Prototek”) by Chicago-based private equity sponsor CORE Industrial Partners.
Founded in 1987, Prototek is a leading rapid prototyping service provider of CNC machined and sheet metal fabricated parts and components. The company serves a diverse customer base across a variety of end markets such as aerospace, defense, medical, robotics, electronics, consumer, and general industrial.
About Monroe Capital
Monroe Capital LLC (“Monroe”) is a private credit asset management firm specializing in direct lending and special situations 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 sponsors. The firm is headquartered in Chicago and maintains offices in Atlanta, Boston, Dallas, Los Angeles, New York, and San Francisco. Monroe has been recognized by Global M&A Network as the 2017 Small Middle Markets Lender of the Year; Private Debt Investor as the 2016 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.