Monroe

Monroe Capital Supports FLEET Response’s Three Add-on Acquisitions

Retrieved on: 
Thursday, August 11, 2022
Professional Services, Residential Building & Real Estate, Commercial Building & Real Estate, Finance, Construction & Property, Asset Management, Capital, Consumer, CO, FLEET, Monroe, Financial services

Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support three add-on acquisitions (Dalworth Restoration, Cousino Restoration, and RestorePro) and provide growth capital for FLEET Response, an existing portfolio company of Trinity Hunt Partners.

Key Points: 
  • Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support three add-on acquisitions (Dalworth Restoration, Cousino Restoration, and RestorePro) and provide growth capital for FLEET Response, an existing portfolio company of Trinity Hunt Partners.
  • Monroe Capital LLC (Monroe) is a premier boutique asset management firm specializing in private credit markets across various strategies, including direct lending, asset-based lending, specialty finance, opportunistic and structured credit, and equity.
  • Since 2004, the firm has been successfully providing capital solutions to clients in the U.S. and Canada.
  • Monroe prides itself on being a value-added and user-friendly partner to business owners, management, and both private equity and independent sponsors.

Nationwide Initiative Will Help Community College Faculty Utilize Artificial Intelligence to Improve Student Success

Retrieved on: 
Tuesday, August 9, 2022
Community college, Faculty, Technology, Learning, Research, National Association for Community College Entrepreneurship, Education, Innovation, Partnership, Monroe, Artificial intelligence, Business administration, Monroe Community College, League, Student, Book, Medicine, Tutoring, Management

CHICAGO, Aug. 9, 2022 /PRNewswire-PRWeb/ -- The League for Innovation in the Community College today announced a new initiative that will provide institutions and instructors with instructional technology powered by artificial intelligence (AI), along with faculty development resources and ongoing research, to further student retention.

Key Points: 
  • The initiative stems from the work of the League's recent project Faculty Voices , which identified challenges that community college faculty face in their efforts to help more students complete their education.
  • Recent Faculty Voices research found that community college instructors are interested in conducting more high-impact practices that could improve student retention but are held back by how time- and resource-intensive those practices are.
  • "Our faculty are immensely important keys to improving student success, and with the right support systems can help students achieve even greater learning.
  • About The League for Innovation in the Community College:
    The League for Innovation in the Community College is an international nonprofit organization with a mission to cultivate innovation in the community college environment.

Yieldstreet Closes $400 Million Credit Facility with Monroe Capital to Expand Investor Access to Private Markets

Retrieved on: 
Tuesday, August 9, 2022
Professional Services, Finance, Construction & Property, Consulting, REIT, Banking, Industry, Â, Growth, StepStone Group, Credit, Consumer, Stepstone, Small business, Partnership, Monroe, Organization, Financial services

Yieldstreet , the worlds largest direct-to-consumer online platform for investing in private markets, today announced the closing of a warehouse facility that provides access to up to $400 million from Monroe Capital LLC.

Key Points: 
  • Yieldstreet , the worlds largest direct-to-consumer online platform for investing in private markets, today announced the closing of a warehouse facility that provides access to up to $400 million from Monroe Capital LLC.
  • This landmark agreement underscores the industrys conviction in Yieldstreets ability to tap into the enormous potential of private markets, said Milind Mehere, Yieldstreet CEO.
  • Private markets strategies have been widely used by large investment managers around the world for decades, but before Yieldstreet, these strategies were largely inaccessible to retail investors.
  • Monroe Capital LLC (Monroe) is a premier boutique asset management firm specializing in private credit markets across various strategies, including direct lending, asset-based lending, specialty finance, opportunistic and structured credit, and equity.

Monroe Capital Corporation Schedules Second Quarter 2022 Earnings Release and Conference Call

Retrieved on: 
Wednesday, July 20, 2022
Monroe, Time, Investment, GLOBE, Investment Advisers Act of 1940, Investor relations, MRCC, Income, Consumer, NASDAQ, Webcast, Company, LLC, Element, Security (finance)

CHICAGO, July 20, 2022 (GLOBE NEWSWIRE) -- Monroe Capital Corporation (the Company) (NASDAQ: MRCC) announced today that it will report its second quarter 2022 financial results on Tuesday, August 2, 2022, after the close of the financial markets.

Key Points: 
  • CHICAGO, July 20, 2022 (GLOBE NEWSWIRE) -- Monroe Capital Corporation (the Company) (NASDAQ: MRCC) announced today that it will report its second quarter 2022 financial results on Tuesday, August 2, 2022, after the close of the financial markets.
  • The Company will host a webcast and conference call to discuss these operating and financial results on Wednesday, August 3, 2022 at 11:00 am ET.
  • To participate in the conference call, please dial (800) 715-9871 approximately 10 minutes prior to the call.
  • Monroe Capital Corporation is a publicly-traded specialty finance company that principally invests in senior, unitranche and junior secured debt and, to a lesser extent, unsecured debt and equity investments in middle-market companies.

UPSTREAM REHABILITATION GAINS NEW PARTNER IN LOUISIANA'S ACTS OCCUPATIONAL AND PHYSICAL THERAPY

Retrieved on: 
Thursday, July 14, 2022
University of Louisiana at Monroe, Monroe, Physical therapy, Acquisition, Multimedia, Upstream, Physical, Patient, Rehabilitation, Occupational therapy, ACTS, University, Healthcare, Medicine, Petroleum

BIRMINGHAM, Ala., July 14, 2022 /PRNewswire/ -- Upstream Rehabilitation, the nation's largest dedicated outpatient physical therapy provider, has acquired a new clinic partner based in Lafayette, La.

Key Points: 
  • BIRMINGHAM, Ala., July 14, 2022 /PRNewswire/ -- Upstream Rehabilitation, the nation's largest dedicated outpatient physical therapy provider, has acquired a new clinic partner based in Lafayette, La.
  • ACTS Occupational and Physical Therapy operates single clinics in Lafayette, Broussard, Delcambre and Scott.
  • Jason Guidry, who earned a bachelor's degree in occupational therapy from the University of Louisiana at Monroe in 1998, started Acadian Comprehensive Therapy Services, or ACTS, in 2002.
  • Upstream's other acquisition partners this year include Oasis Physical & Sports Rehab in Washington, Rapid Rehabilitation in Virginia and Crescent Physical Therapy in South Carolina.

Monroe Capital Corporation Announces Second Quarter Distribution of $0.25 Per Share

Retrieved on: 
Wednesday, June 1, 2022
Consumer, Time, Company, Board of directors, LLC, Income, Security (finance), U.S. Securities and Exchange Commission, Investment, Investment Advisers Act of 1940, GLOBE, MRCC, NASDAQ, Form 1099, Board, Monroe, Element

CHICAGO, June 01, 2022 (GLOBE NEWSWIRE) -- Monroe Capital Corporation (the Company) (NASDAQ: MRCC) announced today that its Board of Directors has declared a distribution of $0.25 per share for the second quarter of 2022, payable on June 30, 2022 to stockholders of record as of June 15, 2022.

Key Points: 
  • CHICAGO, June 01, 2022 (GLOBE NEWSWIRE) -- Monroe Capital Corporation (the Company) (NASDAQ: MRCC) announced today that its Board of Directors has declared a distribution of $0.25 per share for the second quarter of 2022, payable on June 30, 2022 to stockholders of record as of June 15, 2022.
  • Monroe Capital Corporation is a publicly-traded specialty finance company that principally invests in senior, unitranche and junior secured debt and, to a lesser extent, unsecured debt and equity investments in middle-market companies.
  • The Companys investment activities are managed by its investment adviser, Monroe Capital BDC Advisors, LLC, which is an investment adviser registered under the Investment Advisers Act of 1940, as amended, and an affiliate of Monroe Capital LLC.
  • To learn more about Monroe Capital Corporation, visit www.monroebdc.com
    Monroe Capital LLC (Monroe) is a premier boutique asset management firm specializing in private credit markets across various strategies, including direct lending, asset-based lending, specialty finance, opportunistic and structured credit, and equity.

Second Avenue Lands ~$250 Million Investment from Monroe Capital

Retrieved on: 
Thursday, April 28, 2022
CEO, Opportunism, Investment, Second Avenue, Monroe, Leadership, Avenue, Organization, Partnership, Growth, SFR, Consumer, Acquisition, Real estate, Knowledge, Industry, Avenue (group), Second Avenue Subway, Maintenance, Financial services, Renewable energy, Southwestern United States

TAMPA, Fla., April 28, 2022 /PRNewswire/ -- Second Avenue Group ('Second Avenue'), a full-service, institutional quality single-family rental platform ("SFR"), announced today that Monroe Capital LLC, a leading private credit asset manager, has committed approximately $250 million to its investment platform through a mix of debt and equity capital.

Key Points: 
  • TAMPA, Fla., April 28, 2022 /PRNewswire/ -- Second Avenue Group ('Second Avenue'), a full-service, institutional quality single-family rental platform ("SFR"), announced today that Monroe Capital LLC, a leading private credit asset manager, has committed approximately $250 million to its investment platform through a mix of debt and equity capital.
  • Other recent commitments include $500 million from investment manager Waterton, $150 million from BLG Capital along with significant amounts from other institutional capital partners.
  • Second Avenue, which was founded in 2017, is currently active in 10 markets, primarily in the Southeastern and Southwestern United States.
  • Second Avenue features a purpose-built technology-enabled platform that manages all aspects of single-family rental investment into one centralized, nimble, and data-rich platform.

Monroe Capital Supports Frontenac’s Recapitalization of Dealer Services Network

Retrieved on: 
Tuesday, April 26, 2022
Finance, Professional Services, Other Automotive, General Automotive, Automotive, Workflow, Consumer, DSN, Capital, Monroe, Growth, Frontenac, Industry, Financial services, Security (finance)

Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the recapitalization and future growth of Dealer Services Network (DSN) by private equity sponsor Frontenac.

Key Points: 
  • Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the recapitalization and future growth of Dealer Services Network (DSN) by private equity sponsor Frontenac.
  • Based in Deerfield Beach, Florida, DSN is a technology-enabled provider of automotive tag, title, registration, secure document management, and other ancillary services.
  • Monroe Capital LLC (Monroe) is a premier boutique asset management firm specializing in private credit markets across various strategies, including direct lending, asset-based lending, specialty finance, opportunistic and structured credit, and equity.
  • Monroe prides itself on being a value-added and user-friendly partner to business owners, management, and both private equity and independent sponsors.

Monroe Capital Corporation Schedules First Quarter 2022 Earnings Release and Conference Call

Retrieved on: 
Monday, April 25, 2022
Investor relations, Consumer, LLC, MRCC, Investment Advisers Act of 1940, NASDAQ, Element, Monroe, GLOBE, Company, Webcast, Investment, Income, Time, Security (finance)

CHICAGO, April 25, 2022 (GLOBE NEWSWIRE) -- Monroe Capital Corporation (the Company) (NASDAQ: MRCC) announced today that it will report its first quarter 2022 financial results on Tuesday, May 3, 2022, after the close of the financial markets.

Key Points: 
  • CHICAGO, April 25, 2022 (GLOBE NEWSWIRE) -- Monroe Capital Corporation (the Company) (NASDAQ: MRCC) announced today that it will report its first quarter 2022 financial results on Tuesday, May 3, 2022, after the close of the financial markets.
  • The Company will host a webcast and conference call to discuss these operating and financial results on Wednesday, May 4, 2022 at 11:00 am ET.
  • To participate in the conference call, please dial (877) 312-8807 approximately 10 minutes prior to the call.
  • Monroe Capital Corporation is a publicly-traded specialty finance company that principally invests in senior, unitranche and junior secured debt and, to a lesser extent, unsecured debt and equity investments in middle-market companies.

Capital Express and ADL Delivery Join Forces to Form Final Mile Delivery Platform

Retrieved on: 
Monday, April 11, 2022
Red Dog mine, Red dog, XPO Logistics, ADL, Transport, Growth, Multimedia, Consumer, Capital Express, Industry, Knowledge, Acquisition, Monroe, Capital Express (Turkey), Monte, Jowers, Partnership, Financial services, Security (finance)

OMAHA, Neb., April 11, 2022 Capital Express, an Omaha-based final mile delivery company, and ADL Delivery, a Tampa-based final mile delivery company, have joined forces under a newly-established holding company to build a nationwide provider of customized and final mile logistics services.

Key Points: 
  • OMAHA, Neb., April 11, 2022 Capital Express, an Omaha-based final mile delivery company, and ADL Delivery, a Tampa-based final mile delivery company, have joined forces under a newly-established holding company to build a nationwide provider of customized and final mile logistics services.
  • Capital Express, founded in 1987 has been led by its founder Monte O'Hara, who grew the business into the Midwest's premier final mile logistics provider.
  • O'Hara said, "We are thrilled with the prospects of combining the Capital Express and ADL Delivery networks and customer bases and view this as the first of many key growth initiatives in developing a leading final mile logistics provider."
  • ADL Delivery also offers truckload deliveries, less than truckload deliveries, pallet deliveries, and other final mile logistics services.