Monroe Capital successfully exited its strategic investment in Red Dog Equity’s portfolio company Superior Waste Industries, which was sold to GFL Environmental.
Monroe’s independent sponsor group provided both debt financing and equity co-investment to fuel Superior Waste’s expansion, enabling the company to pursue multiple transformative add-on acquisitions.
“We’ve partnered with Monroe across several of our portfolio companies. Their unique ability to provide debt and equity at scale allowed us to achieve a successful result on Superior,” Toby Chambers, co-managing partner at Red Dog Equity, said.
“Monroe Capital enjoyed a strong partnership with Red Dog, the Superior management team and co-investors over the last several years,” Chris Larson, co-head of the equity group at Monroe Capital, said. “We’re proud to have supported the business through their growth and multiple acquisitions.”
