Monroe Capital acted as lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of Aftermarket Performance Group (APG) by sponsor Ripple Industries.
Based in Salt Lake City, APG is a vertically integrated direct-to-consumer, e-commerce-retailer, private-label manufacturer and distributor of performance automotive aftermarket parts and accessories for enthusiasts serving the pickup truck, compact performance, and Jeep and off-road segments. APG has nine warehouse distribution facilities across the U.S. and Canada.
