Monroe Capital acted as sole lead arranger and administrative agent on the funding of a USD56 million senior credit facility to support the recapitalisation of Nova Wildcat Amerock (Amerock) by a private equity sponsor.
Founded in the 1920s and based in Huntersville, North Carolina, Amerock is a leading designer and supplier of decorative and functional hardware and related accessories for kitchens, baths, and bedrooms.
The company has a large installed base and has created brand loyalty over Amerock’s 90 plus year history, creating consistent demand for replacement hardware as homeowners repair and remodel existing homes.