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Monroe Capital arranges credit facility in support of Amerock recapitalization

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Monroe Capital arranges credit facility in support of Amerock recapitalization

Private credit asset management firm Monroe Capital LLC served as a sole lead arranger and administrative agent on the funding of a $56 million senior credit facility in support of the recapitalization of Amerock Corp. by a private equity sponsor.

Also known as Nova Wildcat Amerock LLC, Amerock designs and supplies hardware and related accessories for kitchens, baths and bedrooms. Nova Capital Management Ltd. is an investor in Amerock.

Monroe specializes in direct lending and opportunistic private credit investing.