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Monroe Capital Backs Resilience Capital Partners Deal

Private investment firm Monroe Capital has provided a $25.5 million unitranche facility to support the acquisition of the heavy duty division of Vista-Pro Automotive. Resilience Capital Partners is acquiring the business which has been renamed Thermal Solutions Manufacturing.

PRESS RELEASE

Monroe Capital LLC today announced the funding of a $25.5 million unitranche facility to support the acquisition of the Heavy Duty division of Vista-Pro Automotive by Resilience Capital Partners.

“The unitranche facility provided by Monroe Capital enabled us to complete the financing of this complex corporate divestiture. We enjoyed working with the Monroe team and look forward to partnering with them as we execute on our growth strategy.”
Based in Nashville, Tennessee, Thermal Solutions Manufacturing is a manufacturer and distributor of heat exchange and temperature control products to the North American heavy duty aftermarket and specialty vehicle original equipment markets. Immediately following the acquisition, the Heavy Duty division of Vista-Pro Automotive was renamed Thermal Solutions Manufacturing.

Bassem Mansour, Managing Partner of Resilience Capital Partners, stated, “The unitranche facility provided by Monroe Capital enabled us to complete the financing of this complex corporate divestiture. We enjoyed working with the Monroe team and look forward to partnering with them as we execute on our growth strategy.”

About Monroe Capital

Monroe Capital is a private investment firm providing senior and junior debt and equity co-investments to middle-market companies in the U.S. and Canada. Investment types include unitranche financings, cash flow and enterprise value based loans, acquisition facilities, mezzanine debt, second lien or last-out loans and equity co-investments. Monroe Capital prides itself on its flexible investment approach and its ability to close and fund transactions quickly. Monroe is committed to being a value-added and user-friendly partner to owners, senior management and private equity sponsors.