Another Diesel Service/Distribution Shop Sold
By Mike Osenga08 February 2019
Independent diesel aftermarket consolidation continues with the announcement that Monroe Capital LLC was the sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of Magneto & Diesel Injector Service, Inc. Humble, Texas by private equity sponsor, Warren Equity Partners.
Founded in 1943, M&D Distributors is an independent distributor of aftermarket parts and components for maintaining and repairing diesel engines in Texas, Oklahoma, and Louisiana.
M&D Distributors’ product portfolio includes more than 100,000 new and remanufactured fuel injection, turbocharger, engine part, and filtration products from leading OEMs and aftermarket suppliers. The company’s website lists Bosch, Honeywell-Garrett, Federal Mogul, Cummins, Stanadyne, Holset, BorgWarner, Parker Racor, Baldwin Filters, as among the lines M&D carries.