Monroe Capital acted as joint lead arranger on the funding of a senior credit facility and equity co-investment to support the acquisition of Relevant Industrial, LLC by Fusion Capital Partners.
Founded in 2019 and headquartered in Houston, Relevant is a national distributor of flow control parts and solutions delivering offerings such as instrumentation and automation, rotating equipment, purification, actuated valves and thermal equipment to key markets including renewable energy, alternative fuels, semiconductor, refining, chemical/petrochemical processing, OEM, food processing, upstream oil and gas, and municipal sectors. Relevant has over 30 locations across the U.S. and sales representation in more than 30 additional territories served by skilled teams of technicians, engineers, designers, and industry specialists.
