Monroe Capital Funds Sub-Debt, Equity to Support Acquisition
Monroe Capital announced the funding of a subordinated debt facility and equity co-investment to support the acquisition of BAE Systems Commercial Armored Vehicle Division and Transparent Armor Business by The O’Gara Group.
Cincinnati, OH-based The O’Gara Group provides global security and defense products and services for use in counter-terrorism and operates through three groups: Training and Services, Mobile Systems and Sensor Systems. This acquisition greatly expands the capacity of O’Gara’s Mobile Systems division, which currently designs, develops and manages the integration of highly engineered ballistic and blast systems to provide security vehicles with the highest levels of protection to counter terrorism.
Monroe Capital LLC is a provider of senior and junior debt and equity co-investments to middle-market companies in the U.S. and Canada.