Monroe Capital Increases MSDP Group Facility
Monroe Capital announced an increase in the credit facility to MSDP Group to support the acquisition of ACCEL Performance Group. MSDP is a portfolio company of Hot Rod Brands, an affiliate of Z Capital Partners.
The acquisition of ACCEL brings together two industry leaders of the automotive aftermarket, resulting in increased capabilities and an unmatched footprint in the aftermarket platform. With this complementary acquisition and ACCEL’s portfolio of brands, MSDP has a greater ability to serve its customers with new, innovative product offerings at a higher level of personal service.
Based in El Paso, TX, MSDP operates in the street enthusiast, professional racer and powersports markets.
ACCEL is a prominent performance aftermarket parts manufacturer with brands.