Monroe Capital has acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of Southern Air & Heat by private equity sponsor, MSouth Equity Partners.
Based in the Southeast, Southern Air & Heat is a leading provider of essential maintenance, replacement, and new installation services to the heating, ventilation, and air conditioning (“HVAC”) market. The company directly serves over 70,000 homeowners throughout its regional footprint.