Lidochem / Valudor
Lidochem / Valudor
Monroe Capital LLC (âMonroeâ) announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility and equity co-investment to support the acquisition of LidoChem, Inc. (âLidoChemâ) by Valudor Products, LLC (âValudor Productsâ).
Based in Encinitas, CA, Valudor Products is a market leader in the sourcing of chemical raw materials in the agricultural and industrial space in Canada, United States and Latin-America. Valudor Products has a portfolio of 80+ different chemicals sold into fertilizers, animal feed and industrial segments. LidoChem is focused both on chemical raw materials and specialty fertilizers. LidoChem, through its distribution network, markets chemical raw materials, and through its Performance NutritionÂŽ division, develops and distributes a unique line of specialty fertilizers. The acquisition of LidoChem further expands the product offering and aligns with Valudor Productsâ continued growth strategy.
This transaction is representative of Monroeâs focus on its independent sponsor vertical. The independent sponsor finance vertical focuses on providing comprehensive âone-stopâ solutions for independent sponsors seeking debt and equity co-investment for acquisitions, mergers, business combinations, growth and recapitalizations.
About Monroe Capital
Monroe Capital LLC (including its subsidiaries and affiliates, together âMonroeâ) is a premier asset management firm specializing in private credit markets across various strategies, including direct lending, technology finance, venture debt, opportunistic, structured credit, real estate 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. Monroeâs platform offers a wide variety of investment products for both institutional and high net worth investors with a focus on generating high quality âalphaâ returns irrespective of business or economic cycles. The firm is headquartered in Chicago and maintains 10 offices throughout the United States and Asia.
Monroe has been recognized by both its peers and investors with various awards including Private Debt Investor as the 2023 Lower Mid-Market Lender of the Decade, 2023 Lower Mid-Market Lender of the Year, 2023 CLO Manager of the Year, Americas; Inc.âs 2023 Founder-Friendly Investors List; Global M&A Network as the 2023 Lower Mid-Markets Lender of the Year, U.S.A.; DealCatalyst as the 2022 Best CLO Manager of the Year; Korean Economic Daily as the 2022 Best Performance in Private Debt â Mid Cap; 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 and important disclaimers, please visit www.monroecap.com.