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Monroe Capital Supports Ripple Industries’ Acquisition of Aftermarket Performance Group

April 27, 2021, 08:00 AM
Filed Under: Automotive

Monroe Capital acted as lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of Aftermarket Performance Group (“APG”) by sponsor Ripple Industries LLC.
Based in Salt Lake City, Utah, APG is a vertically integrated direct-to-consumer, eCommerce-retailer, private-label manufacturer, and distributor of performance automotive aftermarket parts and accessories for enthusiasts serving the pickup truck, compact performance, and Jeep and off-road segments.  APG has nine warehouse distribution facilities across the U.S. and Canada.

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