Monroe Capital acted as administrative agent and joint lead arranger on the funding of a senior credit facility to support the acquisition of Protective Packaging Solutions by Specialized Packaging Group, an existing portfolio company of Altamont Capital Partners.

Based in Aurora, CO, Protective Packaging Solutions is a designer and fabricator of engineered packaging solutions for applications across an array of end markets.

Specialized Packaging Group is a provider of protective packaging products with facilities across the U.S., Canada and Mexico. The acquisition will expanding the company’s engineered packaging offerings and geographic reach while adding approximately 90 employees to its 1,600-person workforce.