Monroe Capital acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of Hudson Technologies (“Hudson”) by PrecisionX Group, an existing portfolio company of CORE Industrial Partners.
Founded in 1940 and headquartered in Ormond Beach, FL, Hudson is a manufacturer of shallow and deep drawn stamping of metal components specializing in high-precision forming of challenging materials. The Company augments its core stamping capabilities with dedicated in-house tool & die design and development as well as a broad selection of value-added finishing services. Hudson’s deep draw expertise complements PrecisionX’s existing portfolio and aligns with its mission to serve the most demanding industries with expanded capabilities, unmatched precision, reliability, and material mastery.