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Monroe Capital Expands Credit Facility to Full-Service Logistics Company

Date: Sep 11, 2018 @ 08:00 AM
Filed Under: Logistics

Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a $185 million senior credit facility, as well as the arranger on a $50 million mezzanine facility, to support the acquisition of an international third-party logistics (3PL) company by a full-service logistics company.
 
Based in the Southwest, the full-service company provides logistics solutions and value-added services including domestic and international freight forwarding and white glove delivery. The company provides a comprehensive suite of services to a broad base of customers who rely on mission-critical logistics support. The acquisition target is an international 3PL company that provides expedited shipping, distribution and value-added services to customers in the semiconductor, electronics, and medical device industries. The combined company will be among North America’s largest privately held 3PL providers.
 
 

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