AEA SBF Acquires Monroe Engineering
AEA Investors’ Small Business Fund announced today that its fund has recapitalized Monroe Engineering Holdings, LLC alongside management and employee investors.
New York – December 21, 2021– AEA Investors’ (“AEA” or the “Firm”) Small Business Fund (“AEA SBF”) announced today that its fund has recapitalized Monroe Engineering Holdings, LLC (“Monroe” or the “Company”) alongside management and employee investors. Monroe is a leading provider of mission critical component hardware to a diverse set of original equipment manufacturer (“OEM”) customers. The Company supplies a broad suite of engineered component products, namely fasteners, casters, hinges and wire/cable assemblies, that are mission critical to customers’ final product performance and require technical consultation. Monroe has a broad one-stop-shop product offering, which is important to customers looking to simplify their component design and procurement process given approximately half of products are custom designed to an OEM’s needs. AEA’s investment in Monroe represents an exciting opportunity to invest in the broader industrial distribution market, a core focus segment for AEA SBF, and partner with a management team with a long track record of success.
About AEA
AEA Investors LP was founded in 1968 by the Rockefeller, Mellon and Harriman family interests and S.G. Warburg & Co. as a private investment vehicle for a select group of industrial family offices with substantial assets. AEA has an extraordinary global network built over many years which includes leading industrial families, business executives and leaders; many of whom invest with AEA as active individual investors and/or join its portfolio company boards or act in other advisory roles. Today, AEA’s approximately 100 investment professionals operate globally with offices in New York, Stamford, San Francisco, London, Munich and Shanghai. The firm manages funds that have over $14 billion of invested and committed capital including the leveraged buyouts of middle market companies and small business companies, growth capital and mezzanine and senior debt investments. AEA Small Business is a strategy within AEA that currently manages $1.9 billion of invested and committed capital. The team seeks to help grow and transform companies at the lower end of the middle market by sponsoring growing companies with proven management teams and superior business models.
About Monroe Engineering Holdings, LLC
Monroe is a supplier of a broad portfolio of custom and standard hardware and component products for original equipment manufacturers, based in Rochester Hills, Michigan. The Company serves customers across a wide range of end markets including aerospace, defense, medical, renewable energy, transportation, consumer goods, building products and other diversified industrial markets. Learn more at https://monroeengineering.com
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