Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a $43 million senior credit facility to support the acquisition of Stella Environmental Holdings, Inc. (Stella), a division of Action Resources, by private equity sponsor Hidden Harbor Capital Partners.
Based in Houston, Texas and founded in 1992, Stella is a leading provider of transfer station management and municipal waste logistics services. The company provides facility management, hauling, and loading services to municipal solid waste and transportation customers across various states.