Monroe Capital LLC said Nov. 29 that it provided a loan to back the growth and expansion of TooJay’s Restaurant, an existing portfolio company of Branford Castle Inc and Brookside Equity Partners. Financial terms weren’t announced. TooJay’s, of West Palm Beach, Florida, is a chain of restaurants serving New York-style deli specialties.
Chicago, IL, November 29, 2018 – Monroe Capital LLC today announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support future growth and expansion of TooJay’s Restaurant, an existing portfolio company of Branford Castle, Inc. and Brookside Equity Partners.
Founded in 1981 and currently with 28 locations in Florida, TooJay’s Restaurants is a growing chain of restaurants serving New York-style deli specialties. TooJay’s Restaurants offer breakfast, lunch and dinner at the restaurant, take-out, delivery, full service catering and online ordering.
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 senior and junior debt financing to businesses, special `situation borrowers, and private equity sponsors. Investment types include unitranche financings; cash flow, asset based and enterprise value based loans; 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, Dallas, Los Angeles, New York, and San Francisco.
Monroe has been recognized by Creditflux as the 2018 Best U.S. Direct Lending Fund; Private Debt Investor as the 2017 Lower Mid-Market Lender of the Year; Global M&A Network as the 2017 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 monroecap.com.