Monroe Capital 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. by Valudor Products, LLC.
 
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 Nutrition® division, develops and distributes a unique line of specialty fertilizers. The acquisition of LidoChem further expands the product offering and aligns with Valudor Products’ continued growth strategy.
 
This transaction is representative of Monroe’s focus on its independent sponsor vertical. The independent sponsor finance vertical focuses on providing comprehensive “one-stop” solutions for independent sponsors seeking debt and equity co-investment for acquisitions, mergers, business combinations, growth and recapitalizations.