Monroe Capital has acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of Norwood Sawmills (Norwood) by private equity sponsor, GreyLion.
Based in Ontario, Canada, Norwood is a provider of portable consumer-sized sawmills, as well as related consumables, accessories, and equipment, and serves as a global outdoor equipment and lifestyle brand. The company’s products have strong appeal among an outdoor-minded consumer base across more than 100 countries.