Monroe

Monroe Capital Supports FFL Partners’ Investment in Optomi Professional Services

Retrieved on: 
Tuesday, March 29, 2022

The companys services include a wide range of cybersecurity, data modernization, software engineering, cloud & infrastructure, helpdesk, customer service and business optimization consulting services.

Key Points: 
  • The companys services include a wide range of cybersecurity, data modernization, software engineering, cloud & infrastructure, helpdesk, customer service and business optimization consulting 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.
  • 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.

Monroe Capital Supports Aperture, LLC’s Acquisition of Biomechanical Research & Testing, LLC

Retrieved on: 
Wednesday, March 23, 2022

Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of Biomechanical Research & Testing, LLC (BRT) by Aperture, LLC (Aperture), a 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 the acquisition of Biomechanical Research & Testing, LLC (BRT) by Aperture, LLC (Aperture), a portfolio company of Trinity Hunt Partners.
  • BRT is a premier provider of biomechanical and accident reconstruction forensic engineering services based in Long Beach, California.
  • This new partnership will enhance the service to existing clients and serve a larger national customer base, establishing new channels in research, testing, accident reconstruction, biomechanical engineering, and human factors.
  • 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.

Tenneco's Innovative Passive Damping Technology to Debut on Premium Sedan

Retrieved on: 
Thursday, March 31, 2022

LAKE FOREST, Ill., March 30, 2022 /PRNewswire/ -- Tenneco (NYSE: TEN) today announced that the fourth generation Mercedes-Benz C-Class will be the first vehicle to feature its newly-introduced Monroe OE Solutions® MCx valving system.

Key Points: 
  • The MCx valving architecture elevates the performance and tunability of passive dampers.
  • It offers best-in-class comfort and handling as well as an exceptional tuning range for passenger vehicles.
  • "At the same time as Tenneco is advancing the science of intelligent suspensions, we continue to raise the bar for passive technologies through innovative and cost-effective solutions and processes," Frohock said.
  • Click here to watch a video with more information on the new MCx valve technology.

Monroe Capital Supports GreyLion’s Acquisition of Norwood Sawmills

Retrieved on: 
Thursday, March 10, 2022

Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of Norwood Sawmills (Norwood) by private equity sponsor, GreyLion.

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 acquisition of Norwood Sawmills (Norwood) by private equity sponsor, GreyLion.
  • Based in Ontario, Canada, Norwood is a leading provider of portable consumer-sized sawmills, as well as related consumables, accessories, and equipment, and serves as a global outdoor equipment and lifestyle brand.
  • 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.

KBRA Assigns Preliminary Ratings to Monroe Capital Income Plus ABS Funding, LLC

Retrieved on: 
Wednesday, March 9, 2022

KBRA assigns preliminary ratings to three classes of notes issued by Monroe Capital Income Plus ABS Funding, LLC (MCIP 2022-1), a securitization backed by a portfolio of primarily recurring revenue and middle market corporate loans.

Key Points: 
  • KBRA assigns preliminary ratings to three classes of notes issued by Monroe Capital Income Plus ABS Funding, LLC (MCIP 2022-1), a securitization backed by a portfolio of primarily recurring revenue and middle market corporate loans.
  • MCIP 2022-1 is a $425.0 million securitization managed by Monroe Capital BDC Advisors, LLC (Monroe or the Collateral Manager), an affiliate of Monroe Capital LLC.
  • Monroe is an affiliate of Monroe Capital LLC established in 2004, with $12.7 billion of committed and managed capital under management as of Dec. 2021.
  • Kroll Bond Rating Agency, LLC (KBRA) is a full-service credit rating agency registered with the U.S. Securities and Exchange Commission as an NRSRO.

Monroe Capital Corporation Schedules Fourth Quarter and Full Year 2021 Earnings Release and Conference Call

Retrieved on: 
Monday, February 28, 2022

The webcast will be hosted on a webcast link located in the Investor Relations section of our website at http://ir.monroebdc.com/events.cfm .

Key Points: 
  • The webcast will be hosted on a webcast link located in the Investor Relations section of our website at http://ir.monroebdc.com/events.cfm .
  • 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.
  • Monroe has been recognized by both its peers and investors with various awards including Creditflux as the 2021 Best U.S.

Monroe Capital Commits Over $6.3 Billion of Financings in 2021

Retrieved on: 
Monday, February 28, 2022

Monroes assets under management increased by 35% to $12.7 billion as of December 31, 2021.

Key Points: 
  • Monroes assets under management increased by 35% to $12.7 billion as of December 31, 2021.
  • In addition, the firm closed on over $4 billion of new capital for investments.
  • Im excited to announce our record breaking 2021, says Ted Koenig, Chairman and CEO of Monroe Capital.
  • Monroe has been recognized by both its peers and investors with various awards including Creditflux as the 2021 Best U.S.

Duke University and IonQ Develop New Quantum Computing Gate, Only Possible on IonQ and Duke Systems

Retrieved on: 
Thursday, February 10, 2022

Today, the Duke Quantum Center (DQC) at Duke University and IonQ (NYSE: IONQ) announced the invention of a new quantum computing operation with the potential to accelerate several key quantum computing techniques and contribute to scaling quantum algorithms.

Key Points: 
  • Today, the Duke Quantum Center (DQC) at Duke University and IonQ (NYSE: IONQ) announced the invention of a new quantum computing operation with the potential to accelerate several key quantum computing techniques and contribute to scaling quantum algorithms.
  • Unlike standard two-qubit quantum computing gates, the N-qubit Toffoli gate acts on many qubits at once, leading to more efficient operations.
  • These use cases are ubiquitous across quantum computing applications, and are core to IonQs work in quantum chemistry, quantum finance, and quantum machine learning.
  • It adds to the unique and powerful capabilities we are developing for quantum computing applications," said Peter Chapman, CEO at IonQ.

Monroe Capital Supports Susquehanna Private Capital’s Acquisition of Spherix Global Insights

Retrieved on: 
Thursday, January 13, 2022

Monroe Capital LLC (Monroe) today announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of Spherix Global Insights (Spherix or The Company) by private equity sponsor Susquehanna Private Capital.

Key Points: 
  • Monroe Capital LLC (Monroe) today announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of Spherix Global Insights (Spherix or The Company) by private equity sponsor Susquehanna Private Capital.
  • Additionally, Monroe provided equity capital to support the transaction and future growth of the Company.
  • Hyper focused on providing clients with relevant, actionable market insights, Spherix delivers a comprehensive suite of offerings across specialties and indications.
  • 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.

AdTheorent to Trade Today on NASDAQ Under Ticker “ADTH”

Retrieved on: 
Thursday, December 23, 2021

AdTheorent shares will begin trading today on Nasdaq under the ticker symbol "ADTH" and its warrants will trade under the ticker symbol "ADTHW".

Key Points: 
  • AdTheorent shares will begin trading today on Nasdaq under the ticker symbol "ADTH" and its warrants will trade under the ticker symbol "ADTHW".
  • During the period, AdTheorent also raised its full-year 2021 guidance twice and has won multiple awards, in addition to its other impressive achievements.
  • Today is a significant milestone for AdTheorent and a testament to the vision, hard work, and dedication of its management team over the last several years.
  • MCAP raised $316 million in March 2021 and its securities were listed on the Nasdaq Capital Market under the ticker symbols MACQU, MACQ and MACQW.