Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a unitranche credit facility to support the acquisition of Cali Bamboo LLC by private equity sponsor, High Road Capital Partners.
Cali Bamboo is a leading manufacturer and direct-to-consumer retailer of bamboo flooring and sustainable building products. Based in San Diego, the company offers bamboo flooring, composite decking, bamboo plywood, eucalyptus flooring, bamboo fencing, and cork tiles. Bamboo is among the fastest-growing plants on Earth, making it an environmentally sustainable alternative to conventional hardwoods. The company sells direct to consumers, contractors and architects, flooring dealers, and retailers.
Monroe Capital LLC is a leading provider of 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.