WhiteHorse Capital Provides New Credit Facility to Marki Microwave, LLC
January 20, 2026 – WhiteHorse Capital is pleased to announce that it acted as administrative agent on the funding of a new first lien credit facility in support of Industrial Growth Partners’ (“IGP”) acquisition of Marki Microwave, LLC (“Marki” or the “Company”). Marki Microwave®, an innovator in the radio frequency and microwave industry for over 30 years, designs and manufactures specialized RF and microwave components that enable reliable signal performance in sophisticated electronic systems. The Company’s products support mission-critical applications across defense, aerospace, and communications markets and are sold to a long-standing base of blue-chip customers, including leading defense contractors.
“We value our partnership with the WhiteHorse Capital team and are pleased to have them lead the financing for this transaction,” said Matt Antaya, Managing Director at Industrial Growth Partners. “WhiteHorse was able to deliver a seamless and flexible financing solution, and we look forward to their continued support as we work with the Marki team to execute on the Company’s strategic initiatives.”
Dan Dubé, Managing Director at WhiteHorse Capital, added, “Marki’s technical excellence and long-standing reputation for high-performance RF and microwave components, combined with IGP’s deep sector expertise and resources, create a compelling investment opportunity. We are excited to support IGP and Marki in their next phase of growth.”
About Marki Microwave
For over 30 years, Marki Microwave has solved its customers’ most complex problems by creating a robust portfolio of performance shattering RF and microwave components. Founded in 1991 with the goal to develop the best mixers in the industry, Marki Microwave now has the highest performance portfolio of broadband mixers, spanning frequencies from DC to sub-THz in die, surface mount, connectorized and waveguide form factors. Today, Marki Microwave is a single source for high performance, broadband microwave products, supporting multiple form factors including die, surface mount and connectorized solutions for the entire RF block diagram. As demands from RF and microwave markets continue to evolve and the supply base consolidates, Marki Microwave remains dedicated to building beyond performance barriers, expanding its catalog and empowering the industry to build next-generation systems. For more information, visit www.markimicrowave.com.
About WhiteHorse Capital
WhiteHorse Capital provides debt financing to middle market companies across a wide range of industries, including Telecom, Media and Technology, Healthcare, Business Services and Financial Services. WhiteHorse has a broad investment mandate and provides senior and subordinated debt for refinancings, growth capital, acquisitions, buyouts, and balance sheet recapitalizations. WhiteHorse Capital professionals, across the U.S. and Europe, have extensive experience and a proven track record of providing creative financing structures and employing a long-term relationship-oriented portfolio management philosophy.