Monroe Capital acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of Bellpark Horticulture (“Bellpark”) by AdeptAg, an existing portfolio company of LLR Partners.

Based in Oberlin, OH, AdeptAg is a leading North American platform in the Controlled Environment Agriculture (“CEA”) industry, helping professional growers maximize their yields and productivity through automation and irrigation solutions. Bellpark is a distributor and service provider of greenhouse and nursery automation solutions to a diversified base of over 400 customers across North America. Bellpark works together with its vendor base to provide a single part, machine or turnkey project to customers in the agriculture industry. The addition of Bellpark further expands the contiguous geographic footprint and aligns with AdeptAg’s continued growth strategy.