Monroe Capital LLC said March 12 that it provided a loan to support Southfield Capital’s buy of Protos Security and Securitime. Financial terms weren’t announced. Protos, of Roanoke, Virginia, provides tech-enabled, managed security guard services.
Monroe Capital Supports Southfield Capital’s Acquisition of
Protos Security and Securitime
Chicago, IL, March 12, 2019 – Monroe Capital LLC today announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of Protos Security and Securitime (“Protos”) by private equity sponsor Southfield Capital.
Based in Roanoke, Virginia, Protos is a tech-enabled, managed security guard services provider in the United States, Canada and Puerto Rico. Protos matches its network of security guard vendors to its commercial customers for physical security needs at over 4,000 customer locations such as stores, venues, construction sites, and other locations.
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 2018 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.