Monomoy Acquires Escort, Monroe Capital Chips in $78.5M
October 09, 2013
Monomoy Capital Partners has acquired Escort, a radar/laser detector manufacturer, from Falconhead Capital. Monroe Capital financed a $78.5 million senior secured credit facility to support the deal. Escort designs, engineers and manufactures automotive accessories like radar detectors and mobile data products used for ticket protection. The company had been backed by Falconhead since 2005.