Monroe Capital LLC has provided a $80 million senior credit facility to back AN Global‘s acquisition of Tampa-based 4th Source Inc, a provider of information technology services. AN Global is owned by Nexxus Capital, Credit Suisse Asset Management and company management.
CHICAGO–(BUSINESS WIRE)–Monroe Capital LLC today announced it acted as sole lead arranger and administrative agent on the funding of a $80 million senior credit facility to support AN Global’s acquisition of 4th Source, Inc. AN Global is owned by management, Nexxus Capital and Credit Suisse Asset Management.
Based in Dallas, Texas, and Mexico City, AN Global is a strategically focused consulting firm that supports the end-to-end transformation of corporations through specialized practices including digital transformation services, business analytics, eCommerce, cloud services, digital marketing and application lifecycle management. 4th Source is a Tampa-based provider of outsources information technology services specializing the support of the complete software lifecycle including development, testing, deployment, and support of custom & package applications. The addition of 4th Source further expands the contiguous geographic footprint and aligns with AN Global’s continued growth strategy.
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, Dallas, 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 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 www.monroecap.com.