Aebi Schmidt Group acquires Monroe Truck Equipment. The advisors

Aebi Schmidt Group, a global leader of intelligent solutions for the treatment of mission critical infrastructure areas and demanding terrain, has entered into a definitive agreement to acquire Monroe Truck Equipment from its current owner Industrial Opportunity Partners. Wisconsin, U.S.-based Monroe is a truck and trailer equipment platform with around USD 270 million (approx. EUR 240 million) in annual revenue. The addition of Monroe will significantly strengthen Aebi Schmidt’s market position in the U.S. and globally, boosting the group’s prospects for future growth.

 

Upon completion of the transaction, which is expected on or about the end of 2021 pending regulatory approval, Aebi Schmidt will take over all of Monroe’s more than 900 employees, resulting in a total of around 3,000 staff for the Group. Monroe will continue to be run by existing management.

 

Advestra advised Aebi Schmidt on the fin­an­cing of the acquis­i­tion of Mon­roe Truck Equip­ment. The team included Alex­an­der von Jein­sen (pictured) and Mar­lon Ber­to­lini (fin­ance) and Laurent Ried­weg (tax).

 

Niederer Kraft Frey advised the bank syndicate, including Zürcher Kantonalbank, acting as arranger and agent, Credit Suisse, acting as arranger and security agent, and UBS, acting as arranger, on the acquisition financing of Aebi Schmidt Group in its acquisition of Monroe Truck Equipment. The NKF team was led by m&a/finance partners Till Spillmann and Adrian Koller, working with partner-elect Philip Spoerlé and junior associate Selim Lötscher (both m&a/finance).

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