FREE MEMBERSHIP Includes » ABL Advisor eNews + iData Blasts | JOIN NOW ABLAdvisor Gray ABLAdvisor Blue
Skip Navigation LinksHome / News / Read News


Monroe Capital Supports AdeptAg’s Acquisition of Bellpark Horticulture

November 15, 2022, 08:00 AM
Filed Under: Agriculture

Monroe Capital acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of Bellpark Horticulture (“Bellpark”) by AdeptAg, an existing portfolio company of LLR Partners.

Based in Oberlin, OH, AdeptAg is a leading North American platform in the Controlled Environment Agriculture (“CEA”) industry, helping professional growers maximize their yields and productivity through automation and irrigation solutions. Bellpark is a distributor and service provider of greenhouse and nursery automation solutions to a diversified base of over 400 customers across North America. Bellpark works together with its vendor base to provide a single part, machine or turnkey project to customers in the agriculture industry. The addition of Bellpark further expands the contiguous geographic footprint and aligns with AdeptAg’s continued growth strategy.

Week's News

Comments From Our Members

You must be an ABL Advisor member to post comments. Login or Join Now.