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Monroe Capital Supports Platte River Equity’s Acquisition of MFG Chemical

June 29, 2017, 08:05 AM
Filed Under: Chemicals

Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a $45 million senior credit facility to support the acquisition of MFG Chemical, LLC (MFG) by private equity sponsor, Platte River Equity.

Founded in 1981 and based in Dalton, Georgia, MFG is a specialty chemical manufacturer of surfactants, polymers, and esters. The company offers a diverse range of technical formulation capabilities on both a proprietary and contract manufacturing basis. MFG’s chemistries are utilized in various applications in the oil field, water treatment, mining, coatings, and agricultural markets.

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