Monroe Capital led the debt financing and made an equity co-investment to support the acquisition of an environmental liquid waste solutions platform by Newman Reilly Capital Partners, LLC (“NRCP”). 
 
The company provides non-hazardous liquid waste pumping, cleaning, inspection and repair services to residential and commercial customers and this transaction will enable the platform to expand its operations and pursue a targeted M&A strategy across New England and surrounding markets.

“We are thrilled to partner with Monroe Capital on this platform investment. Their ability to deliver both debt and equity capital allowed us to structure a flexible solution that positions the company for growth. We look forward to executing on our strategy to professionalize and scale a strong regional operator into a market leader,” commented Harris Newman, founder of NRCP.  “This partnership is a tremendous opportunity to combine operational expertise with growth capital. Monroe’s financing provides the resources we need to accelerate expansion while preserving the company’s local reputation for service and reliability.”

This transaction is representative of Monroe’s focus on its independent sponsor vertical. Monroe’s Independent Sponsor group specializes in delivering flexible, “one-stop” capital solutions—including both debt and equity co-investments—for acquisitions, mergers, growth initiatives, recapitalizations, and business combinations.