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Monroe Capital Supports Quest Resource Holding Corporation’s Acquisition of Green Remedies Waste and Recycling

October 21, 2020, 08:50 AM
Filed Under: Recycling

Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a $11.5 million senior credit facility drawn at closing to support the acquisition of Green Remedies Waste and Recycling Inc. by Quest Resource Holding Corporation.  In addition, Quest potentially has access to more than $50 million in additional term debt financing to support Quest’s growth plans.

Based in Elon, North Carolina, Green Remedies is an environmental and waste expert providing independent national solid waste and recycling services, including risk management support, and developing environmentally responsible solutions for its clients. Quest is a national leader in environmental waste and recycling services. The acquisition will strengthen its presence across key markets, particularly the multi-family housing segment.

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