Monroe Capital has provided a $35 million unitranche credit facility to Accutest Laboratories, a portfolio company of Bolder Capital.
Accutest Laboratories provides environmental testing services to customers operating in the oil and gas sector as well as public utilities and industrial engineering firms. The company operates seven labs and fourteen service centers across the United States. Accutest Laboratories was acquired by Bolder Capital in May 2007. Accutest was founded in 1956 and is headquartered in Dayton, NJ (www.accutest.com).
Monroe Capital is a specialty finance company providing senior and junior debt and equity co-investments to middle-market companies. Investment types include unitranche financings, cash flow and enterprise value based loans, acquisition facilities, mezzanine debt, second lien or last-out loans and equity co-investments. Monroe Capital is based in Chicago (www.monroecap.com).
Bolder Capital was founded by Todd Hamilton in 2004 and has a co-investment relationship with The Edgewater Funds and JZ Capital Partners. The firm focuses on partnering with CEOs to build middle market companies through both organic growth and add-on acquisitions. Bolder Capital is based in Chicago (www.boldercapital.com).
© 2013 PEPD • Private Equity’s Leading News Magazine • 6-11-13
