Monroe Capital acted as syndication agent on the funding of a senior credit facility to support the acquisition of Oldenburg Group’s Heavy Equipment Group by private equity sponsor, J.F. Lehman & Company.

Based in Milwaukee, Oldenburg’s Heavy Equipment Group designs, engineers, manufactures and supports heavy equipment systems to meet mission critical requirements in harsh operating environments, including large deck handling equipment, access and lifting systems for leading U.S. Navy ship platforms and customized underground equipment for global mining customers. The company now will operate under its new name, Lake Shore Systems.