Press Releases
Monroe Capital Supports Hidden Harbor Capital Partners’ Acquisition of Stella Environmental Holdings, Inc.
Chicago, IL, August 22, 2017
Monroe Capital LLC today announced it acted as sole lead arranger and administrative agent on the funding of a $43 million senior credit facility to support the acquisition of Stella Environmental Holdings, Inc. (“Stella”), a division of Action Resources, by private equity sponsor Hidden Harbor Capital Partners.
Based in Houston, Texas and founded in 1992, Stella is a leading provider of transfer station management and municipal waste logistics services. The company provides facility management, hauling, and loading services to municipal solid waste and transportation customers across various states.
About Monroe Capital
Monroe Capital LLC (“Monroe”) is a middle market direct lending and private credit asset management firm. Since 2004, the firm has provided private credit solutions to corporate borrowers in the U.S. and Canada. Monroe’s middle market lending platform provides senior and junior debt financing to middle market businesses 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, San Francisco and Toronto. 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. For more information, please visit monroecap.com.