NXT Capital closed a $246 million unitranche credit facility in support of AEA Investors’ acquisition of Monroe Engineering Group. NXT Capital acted as the administrative agent, joint lead arranger, and joint bookrunner on the transaction.
Monroe Engineering Group, based in Rochester Hills, MI, is an industrial manufacturing company with a diverse customer base of manufacturers, distributors and catalog-houses across several vertical markets, including aerospace/defense, automotive, medical and transportation.
