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Monroe Capital expands credit facility to MSDP Group

Monroe Capital has increased the credit facility to MSDP Group to support the acquisition of ACCEL Performance Group. MSDP is a portfolio company of Hot Rod Brands, an affiliate of Z Capital Partners.

Based in El Paso, Texas, MSDP operates in the street enthusiast, professional racer and powersports markets, where they maintain industry-leading market share positions across all of their product categories under the MSD, Racepak, Superchips and Edge brands. ACCEL is a prominent performance aftermarket parts manufacturer with brands including ACCEL, Mr Gasket, Mallory Ignition, Lakewood, QuickTime and Hays brands. 

The acquisition of ACCEL brings together two industry leaders of the automotive aftermarket, resulting in increased capabilities and an unmatched footprint in the aftermarket platform. 

With this complementary acquisition and ACCEL’s impressive portfolio of brands, MSDP believes it now has a greater ability to serve its customers with new, innovative product offerings at a higher level of personal service.

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