Monroe Capital has provided a senior credit facility to back Lovell Minnick Partners‘ investment in Inside Real Estate. No financial terms were disclosed. Salt Lake City-based Inside Real Estate is a SaaS platform serving the residential real estate market.
CHICAGO–(BUSINESS WIRE)–Monroe Capital LLC today announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility and equity co-investment to support Lovell Minnick Partners’ investment in Inside Real Estate.
Headquartered in Salt Lake City, Inside Real Estate is a leading end-to-end SaaS platform serving the residential real estate market. The company provides an end-to-end software solution to residential real estate brokers, teams and agents that empowers their ability to manage the full cycle of home property buying and selling. Founded in 2008, the company’s platform serves over 200,000 top agents, teams and brokerages, enabling them to manage the complete front-end marketing and sales processes for home purchases and sales, and back office functions, such as accounting and commission payments.
About Monroe Capital
Monroe Capital LLC (“Monroe”) is a private credit asset management firm specializing in direct lending and opportunistic private credit investing. Since 2004, the firm has provided private credit solutions to borrowers in the U.S. and Canada. Monroe’s middle market lending platform provides debt financing to businesses, special situation borrowers, and private equity sponsors. Investment types include cash flow, enterprise value and asset-based loans; unitranche financings; and equity co-investments. Monroe is committed to being a value-added and user-friendly partner to business owners, senior management, and private equity and independent sponsors. The firm is headquartered in Chicago and maintains offices in Atlanta, Boston, Los Angeles, New York, and San Francisco.
Monroe has been recognized by Creditflux as the 2019 Best US Direct Lending Fund; Private Debt Investor as the 2018 Lower Mid-Market Lender of the Year; Global M&A Network as the 2018 Small Middle Markets Lender of the Year; M&A Advisor as the 2016 Lender Firm of the Year; and the U.S. Small Business Administration as the 2015 Small Business Investment Company (SBIC) of the Year. For more information, please visit www.monroecap.com.