Engendren, headquartered in Kenosha, Wisconsin, is a manufacturer of custom-designed cooling solutions to OEMs and end-users of internal combustion engines, providing a comprehensive array of heat transfer systems including radiators, air coolers, oil coolers, heat exchangers, cooling system packages and accessories. Engendren, through its IEA, LLC subsidiary, manufactures products that are primarily used to cool internal combustion engines used for the production of electric power in prime and stand-by applications with power ranges from 50kW to 3,250 kW. Products are sold to engine manufacturers such as Caterpillar, Cummins and MTU Detroit Diesel, as well as to dealers and packagers. In addition to IEA, LLC, Engendren provides highly differentiated, thermally managed environments for technical data center equipment such as computer servers, switches and back-up power units through its Silver Linings Systems, LLC subsidiary.

Merit invested both subordinated debt and equity to support the acquisition of Engendren in partnership with management.