Skip to main content

Monroe Capital Supports TJM Capital Partners’ InCompass™ Add-on Acquisitions

Monroe Capital LLC (“Monroe”) announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the growth and add-on acquisitions of Bridgeport and Newman Whitney (“Newman”) by InCompass™, an existing portfolio company of independent sponsor TJM Capital Partners.

Based in Maple Grove, MN, InCompass designs and manufactures a broad variety of machine tools, abrasive grinding, and precision finishing machines and parts for wood, metal, and a variety of other end markets. Bridgeport is a leading producer of milling, drilling, and boring machines that are used in the precision manufacturing process, designing the most popular American mill of all time. Newman is a leading brand in the lumber millwork industry, designing and manufacturing machinery such as planers, grinders, and trimmers. The acquisitions of Bridgeport and Newman will allow InCompass to serve as a group of globally renowned brands, including Timesavers, Bridgeport, Newman Whitney, Mollart, and Bourn & Koch, with industry leading expertise for customers across diversified end markets.

This is an indicative transaction of our ongoing support of independent sponsors. Since our inception, we have completed over 250 transactions totaling $5.6 billion to founder led businesses.

About Monroe Capital

Monroe Capital LLC (“Monroe”) is a premier boutique asset management firm specializing in private credit markets across various strategies, including direct lending, technology finance, venture debt, opportunistic, structured credit, real estate and equity. Since 2004, the firm has been successfully providing capital solutions to clients in the U.S. and Canada. Monroe prides itself on being a value-added and user-friendly partner to business owners, management, and both private equity and independent sponsors. Monroe’s platform offers a wide variety of investment products for both institutional and high net worth investors with a focus on generating high quality “alpha” returns irrespective of business or economic cycles. The firm is headquartered in Chicago and maintains 10 offices throughout the United States and Asia.

Monroe has been recognized by both its peers and investors with various awards including Private Debt Investor as the 2023 Lower Mid-Market Lender of the Decade, 2022 Lower Mid-Market Lender of the Year, 2022 CLO Manager of the Year, Americas; Inc.’s 2023 Founder-Friendly Investors List; Global M&A Network as the 2023 Lower Mid-Markets Lender of the Year, U.S.A.; DealCatalyst as the 2022 Best CLO Manager of the Year; Korean Economic Daily as the 2022 Best Performance in Private Debt – Mid Cap; Creditflux as the 2021 Best U.S. Direct Lending Fund; and Pension Bridge as the 2020 Private Credit Strategy of the Year. For more information and important disclaimers, please visit www.monroecap.com.

Contacts

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.