Monroe Capital LLC has provided a $185 million senior credit facility as well as a $50 million mezzanine facility to support a full-service logistics company’s acquisition of an international third-party logistics company. Neither company has been identified.
CHICAGO–(BUSINESS WIRE)–Monroe Capital LLC today announced it acted as sole lead arranger and administrative agent on the funding of a $185 million senior credit facility, as well as the arranger on a $50 million mezzanine facility, to support the acquisition of an international third-party logistics (“3PL”) company by a full-service logistics company.
Based in the Southwest, the full-service logistics company provides logistics solutions and value-added services including domestic and international freight forwarding and white glove delivery. The company provides a comprehensive suite of services to a broad base of customers who rely on mission-critical logistics support. The acquisition target is an international 3PL company that provides expedited shipping, distribution and value-added services to customers in the semiconductor, electronics, and medical device industries. The combined company will be among North America’s largest privately held 3PL providers.
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.