Monroe provides $25 mln loan to Cyalume Technology

Monroe Capital LLC said Thursday it provided a $25 million loan to Cyalume Technology Holdings Inc. Fort Lauderdale, Florida-based Cyalume designs and makes non-pyrotechnic tactical products and training solutions for military and law enforcement agencies.


Mud Pie buys back Lineage Capital stake

Mud Pie LLC has acquired the stake in the company owned by Lineage Capital LLC. Monroe Capital LLC provided the subordinated debt funding that allowed Mud Pie to return to 100 percent family ownership. Atlanta-based Mud Pie makes affordably priced gifts for the home and hostess, for babies and toddlers, seasonal and holiday gifts and a collection of fashion and fashion accessories.

SBIA honors Monroe Capital and NewSpring Capital

The Small Business Investor Alliance, an association for lower middle market private equity funds and investors, has named Monroe Capital Partners Fund LP and NewSpring Capital as a Small Business Investment Company of the Year for 2015. Chicago-based Monroe Capital was cited in the Big Fund category while Radnor, Pennsylvania-based NewSpring Capital was recognized in the Small Fund category. Both firms will be honored in a ceremony on May 8.

Rodgers joins Monroe Capital

Monroe Capital LLC said Monday it hired Joe Rodgers as an MD and Southeast Region Group Head in its Atlanta office. Prior to Monroe, Rodgers was a Managing Director & Group Head of Capital Advisory and Private Placements at KPMG Corporate Finance LLC.

Monroe boosts loan to Luxury Optical

Monroe Capital LLC said Thursday it increased a loan to Luxury Optical Holdings. Las Vegas-based Luxury, a retailer of luxury eyewear, is a portfolio company of aPriori Capital Partners and Goode Partners.


Monroe Capital provides $14.5 mln loan to Precision Toxicology

Monroe Capital said Wednesday it provided A $14.5 million loan to support BelHealth Investment Partners LLC’s recap of Precision Toxicology LLC. San Diego-based Precision Toxicology is a clinical laboratory that specializes in providing quantitative drug testing, primarily for the purpose of helping physicians monitor their patients undergoing treatment for pain or substance abuse.

Monroe boosts loan to OSG Billing

Monroe Capital said Wednesday it increased a loan to OSG Billing Services to support its buy of DoublePositive Marketing Group Inc. Financial terms weren’t announced. Baltimore-based DoublePositive is an online marketing company for buyers, lead sellers and direct response advertisers.


Monroe Capital provides $27 mln loan to Sandbox Group

Monroe Capital said Thursday it acted as sole lead arranger and administrative agent on a $27 million loan that provided growth capital to The Sandbox Group LLC. Chicago-based Sandbox is a marketing communications agency specializing in the healthcare, agriculture, and financial services industries.


Monroe provides $35 mln loan for Trident University recap

Monroe Capital said Tuesday it acted as sole lead arranger and administrative agent on a $35 million loan to support the recap of Trident University by a Northeast-based private equity sponsor. Monroe did not disclose the name of the investor. Cypress, Calif.-based Trident is an online provider of post-secondary educational degree programs.


Monroe Capital closes $358 mln collateralized loan

Monroe Capital has closed a $358 million term debt securitization known as Monroe Capital CLO 2014-1. Monroe sold securities rated from AAA through BB as well as equity interests while retaining some of the equity itself. Deutsche Bank served as the lead manager, structuring agent and bookrunner.


Monroe fires Woo for allegedly taking confidential info; Woo fires back

Monroe Capital LLC is suing Warren Woo, a former managing director, for allegedly stealing information to help launch a rival firm, Breakaway Capital. In response, Woo called the suit a “direct retaliation” for his complaints about management and said the firm knew of his desire to leave for several months


Monroe Capital backs Pharos Capital’s buy of EBS

Monroe Capital has provided a $15.5 million credit facility to support Pharos Capital‘s acquisition of Employee Benefit Solutions. Based in White Plains, NY, EBS is a provider of healthcare cost containment and wellness programs for small and mid-sized employers.

SBIA announces 2014 Midwest Private Equity Conference

The Small Business Investor Alliance, an association for lower middle market private equity funds and investors, said Wednesday that its 2014 Midwest Private Equity Conference will be held May 29-30 at the Ritz-Carlton Water Tower in Chicago. The keynote speaker will be Tom Ricketts, chairman and owner of the Chicago Cubs and chairman of Incapital. Another highlight will be a sesson on the state of the lower middle market moderated by B. Graeme Frazier IV, a partner at GF Data Resources and featuring a panel that includes Thomas Affolter, SBIA Midwest regional president and principal at Victory Park Capital, Greg Gorlinski, managing director at Cleary Gull and Tom Aronson, managing director and principal at Monroe Capital.


Monroe Capital backs Gracelock Industries

Monroe Capital has backed a $20.8 million unitranche credit facility to support the growth of Gracelock Industries. Based in Los Angeles, California, Gracelock Industries is an e-commerce provider to the marine, power sports, and home décor industries with operations throughout North America.

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