Monroe Capital LLC said Tuesday that it provided a loan to support Hammond, Kennedy, Whitney & Company Inc.’s buy of Partners in Leadership Inc. Financial terms weren’t announced. Temecula, California-based Partners in Leadership provides accountability and cultural transition training services to companies.
September 29, 2015 06:00 AM Eastern Daylight Time
CHICAGO–(BUSINESS WIRE)–Monroe Capital LLC today announced it acted as sole lead arranger and administrative agent on the funding of a unitranche credit facility to support the acquisition of Partners in Leadership, Inc. (“PIL”) by private equity sponsor, Hammond, Kennedy, Whitney & Company, Inc.
Based in Temecula, California, PIL is a leading provider of accountability and cultural transition training services to blue-chip companies in more than 42 countries. The company’s training ties accountability for key organizational results directly to individual work objectives and enables organizations to define and create needed shifts in the way their people go about achieving results and creating a culture of accountability.
About Monroe Capital
Monroe Capital LLC is a leading provider of senior and junior debt and equity co-investments to middle-market companies in the U.S. and Canada. Investment types include unitranche financings, cash flow and enterprise value based loans, acquisition facilities, mezzanine debt, second lien or last-out loans and equity co-investments. Monroe Capital prides itself on its flexible investment approach and its ability to close and fund transactions quickly. Monroe is committed to being a value-added and user-friendly partner to owners, senior management and private equity sponsors. Monroe has been recognized by Global M&A Network as the 2013 and 2014 Small Mid-Market Lender of the Year, Private Debt Investor as the 2013 Unitranche Lender of the Year and 2014 Senior Lender of the Year, and the U.S. Small Business Administration as the 2015 Small Business Investment Company (SBIC) of the Year. To learn more about Monroe Capital LLC, visit www.monroecap.com.