R&D Enterprises / Thermal Solutions Manufacturing
R&D Enterprises / Thermal Solutions Manufacturing
Monroe Capital LLC today announced the funding of a unitranche credit facility to support the acquisition of R&D Enterprises, Inc. by Thermal Solutions Manufacturing, Inc., a portfolio company owned by Resilience Capital Partners.
Based in Plymouth, MI, R&D Enterprises, Inc. is a designer and manufacturer of high-quality engineered oil coolers and heat exchangers, with products provided directly to global OEMs for use in recreational boats, commercial marine vessels, on- and off-road trucks, industrial equipment, and agricultural equipment.
About Monroe Capital
Monroe Capital is a private investment firm providing 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, 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. To learn more about Monroe Capital, visit www.monroecap.com.