/ Platte River
/ Platte River
Monroe Capital LLC today announced it acted as sole lead arranger and administrative agent on the funding of a $45 million senior credit facility to support the acquisition of MFG Chemical, LLC (“MFG”) by private equity sponsor, Platte River Equity.
Founded in 1981 and based in Dalton, Georgia, MFG is a specialty chemical manufacturer of surfactants, polymers, and esters. The company offers a diverse range of technical formulation capabilities on both a proprietary and contract manufacturing basis. MFG’s chemistries are utilized in various applications in the oil field, water treatment, mining, coatings, and agricultural 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 Private Debt Investor as the 2016 Lower Mid-Market Lender of the Year; 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; 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.