Monroe Capital Supports High Road Capital Partners’ Acquisition of Midwest Wholesale Hardware Co.
Chicago, IL, February 16, 2017
Monroe Capital LLC today announced it acted as sole lead arranger and administrative agent on the funding of a unitranche credit facility to support the acquisition of Midwest Wholesale Hardware Co. (“Midwest”) by private equity sponsor, High Road Capital Partners.
Based in Kansas City, Missouri, Midwest Wholesale Hardware Co. is a leading wholesale distributor of commercial door hardware and security products, including locks, exit devices, electronic access control products, and door closers. The company’s national footprint enables next-day delivery to its customers in commercial and institutional end markets.
About Monroe Capital
Monroe Capital LLC is a leading provider of 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, asset 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. Monroe has been recognized by the M&A Advisor as the 2016 Lender Firm of the Year; Global M&A Network as the 2016 Small Middle Markets Lender of the Year; Private Debt Investor as the 2015 Lower Mid-Market Lender of the Year; and the U.S. Small Business Administration as the 2015 Small Business Investment Company (SBIC) of the Year. To learn more about Monroe Capital LLC, visit www.monroecap.com.