CHICAGO – Monroe Capital LLC has announced the funding of a $50 million unitranche credit facility to support the acquisition of MSD Performance Group (MSDP) by Hot Rod Brands LLC, an affiliate of Z Capital Partners LLC.
Based in El Paso, Texas, MSDP is one of the world leaders in vehicle aftermarket performance brands. MSDP operates in the street enthusiast, professional racer and powersports markets where they maintain industry leading market share positions across all of their product categories under the MSD, Racepak, Superchips and Edge brands.
Monroe Capital LLC is a leading provider of senior and junior debt and equity co-investments to middle-market companies in the U.S. and Canada.
