Monroe Capital LLC said July that it co-sponsored the SPAC from Thunder Bridge Acquisition Ltd, which began trading on the Nasdaq on June 19. The IPO generated $258 million in gross proceeds. Thunder Bridge is looking to buy a business in the financial technology sector.
Chicago, IL, July 24, 2018 – Monroe Capital LLC today announced it co-sponsored Thunder Bridge Acquisition, Ltd. (“Thunder Bridge”), a special purpose acquisition company (“SPAC”), and entered into a forward purchase contract with Thunder Bridge.
Thunder Bridge, which intends to focus its search on companies in the financial technology sector, generated total gross proceeds of $258,000,000 from the initial public offering as well as the exercise of the over-allotment option. The company’s units began trading on the Nasdaq Capital Market under the ticker symbol “TBRGU” on June 19, 2018.
The offering was made only by means of a prospectus. Copies of the prospectus may be obtained from Cantor Fitzgerald & Co., Attention: Capital Markets, 499 Park Avenue, 5th Floor, New York, New York 10022; Email:firstname.lastname@example.org.
A registration statement relating to these securities has been filed with, and declared effective by, the Securities and Exchange Commission on June 18, 2018. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
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 visitmonroecap.com.