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Monroe Capital Supports Warren Equity Partners’ M&D Add-on Acquisition

July 29, 2020, 08:10 AM
Filed Under: Automotive
Related: Monroe Capital

Monroe Capital announced an increase in the credit facility to Magneto & Diesel Injector Service, Inc. (“M&D”) to support the acquisition of an Automotive Parts Company. M&D is an existing portfolio company of Warren Equity Partners.

The automotive parts company is a provider of aftermarket and remanufactured components for heavy duty diesel engine repairs. M&D is a leading independent distributor and remanufacturer of aftermarket parts and components for maintaining and repairing diesel-powered engines. This acquisition will diversify the overall M&D platform from a geographical, customer and product portfolio position, enhancing their ability to become a one stop shop for the auto diesel engine.

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