Monroe Capital led the debt financing and made an equity co-investment to support the acquisition of Harvey Vogel Manufacturing Co., a metal fabrication platform, by Westbourne Capital Partners.
Harvey Vogel is a high-precision stamper and fabricator of metal components and assemblies, specializing in hard-to-produce, tight tolerance, appearance-focused parts. The company primarily serves the aerospace and defense, medical, and industrial markets, and maintains AS9100, ISO 9001 and ITAR certifications.
“We are thrilled to partner with Monroe Capital on this platform investment. Their ability to deliver both debt and equity capital allowed us to structure a flexible solution that positions the company for growth. We look forward to executing on our strategy to professionalize and scale a strong regional operator into a market leader,” commented Rob Crisp, managing partner of Westbourne. “This partnership is a tremendous opportunity to combine operational expertise with growth capital. Monroe’s financing provides the resources we need to accelerate expansion while preserving the company’s local reputation for service and reliability.”
This transaction is representative of Monroe’s focus on its independent sponsor vertical. Monroe’s Independent Sponsor group specializes in delivering flexible, “one-stop” capital solutions — including both debt and equity co-investments — for acquisitions, mergers, growth initiatives, recapitalizations and business combinations.
