AEA Investors, an American middle market private equity firm, agreed to acquire Monroe Engineering, a supplier of a broad portfolio of custom and standard hardware and component products for original equipment manufacturers, for $400.95m. 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.