Monroe Capital acted as administrative agent and joint lead arranger on the funding of a senior credit facility and equity co-investment to support the acquisition of Cam Tran Co. Ltd. (“Cam Tran”), by Central Moloney, Inc. (“CMI”). CMI is an existing portfolio company of Wind Point Partners.
Founded in 1949 and based in Pine Bluff, Arkansas, CMI offers a full suite of customizable distribution transformers and transformer components. Cam Tran is the largest Canadian manufacturer of distribution transformers and the largest North American producer of amorphous metal transformers (“AMTs”). The acquisition forms one of the largest producers of distribution transformers in North America with considerable capacity and diverse engineering capabilities. The combined company will employ around 1,000 people and operate eight transformer and component manufacturing facilities across North America.