Press Releases
Monroe Capital Supports Superior Waste Industries, LLC’s Add-on Acquisitions
Chicago, IL, October 20, 2022
Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support Superior Waste Industries, LLC’s, d/b/a Superior USA Waste (“Superior”) acquisitions of Central Disposal and Harley Hollan Companies. Superior partnered with Red Dog Equity LLC, an Atlanta-based private equity firm, which, through its partnership with Monroe Capital and Tom Pritzker’s family business interests (advised by The Pritzker Organization), will support future acquisition opportunities.
Based in Shawnee, OK, Superior is an environmental services holding company. Central Disposal is a fully integrated solid waste management company offering residential and commercial collection services, industrial / construction roll-off services, and recycling, as well as operating a transfer station and landfill. Harley Hollan Companies is a solid waste management company offering commercial collection services, industrial / construction roll-off services, recycling, and a transfer station in Tulsa, OK. With these acquisitions, Superior seeks to be the continued partner for waste industry entrepreneurs seeking growth capital or to transition from their business.
About Monroe Capital
Monroe Capital LLC (“Monroe”) is a premier boutique asset management firm specializing in private credit markets across various strategies, including direct lending, asset-based lending, specialty finance, opportunistic and structured credit, and equity. Since 2004, the firm has been successfully providing capital solutions to clients in the U.S. and Canada. Monroe prides itself on being a value-added and user-friendly partner to business owners, management, and both private equity and independent sponsors. Monroe’s platform offers a wide variety of investment products for both institutional and high net worth investors with a focus on generating high quality “alpha” returns irrespective of business or economic cycles. The firm is headquartered in Chicago and maintains offices in Atlanta, Boston, Los Angeles, Miami, Naples, New York, San Francisco, and Seoul.
Monroe has been recognized by both its peers and investors with various awards including Global M&A Network as the 2022 Small Mid-Markets Lender of the Year, Americas; Private Debt Investor as the 2021 Senior Lender of the Year, 2021 Lower Mid-Market Lender of the Year, Americas; Creditflux as the 2021 Best U.S. Direct Lending Fund; and Pension Bridge as the 2020 Private Credit Strategy of the Year. For more information, please visit www.monroecap.com.