Monroe Capital provided a $35 million credit facility, as well as a equity co-investment, to support the recap of an unnamed healthcare services company backed by Centre Partners, the firm announced.
Monroe Capital LLC today announced the funding of a $35 million unitranche credit facility and an equity co-investment to support the growth and recapitalization of a healthcare services provider by private equity sponsor, Centre Partners.
Based in the Los Angeles, CA area, the company provides behavioral healthcare services and operates residential treatment and day treatment centers at multiple locations on the west coast. The company’s reputation for providing high quality of care at its facilities attracts patients from across the country as well as internationally.
About Monroe Capital
Monroe Capital LLC is a leading provider of senior and junior debt and equity co-investments to middle-market companies in the U.S. and Canada. Investment types include unitranche financings, cash flow and enterprise value based loans, acquisition facilities, mezzanine debt, second lien or last-out loans and equity co-investments. Monroe Capital prides itself on its flexible investment approach and its ability to close and fund transactions quickly. Monroe is committed to being a value-added and user-friendly partner to owners, senior management and private equity sponsors.