Monroe

MCAP Acquisition Corporation and AdTheorent Announce Closing of Business Combination

Retrieved on: 
Wednesday, December 22, 2021

MCAP Acquisition Corporation (MCAP) (Nasdaq: MACQ), a special purpose acquisition company sponsored by an affiliate of Monroe Capital LLC (Monroe Capital), today announced the completion of its business combination (the Business Combination) with AdTheorent Holding Company, LLC (AdTheorent or the Company), a leading programmatic digital advertising company using advanced machine learning technology and privacy-forward solutions to deliver measurable value for advertisers and marketers.

Key Points: 
  • MCAP Acquisition Corporation (MCAP) (Nasdaq: MACQ), a special purpose acquisition company sponsored by an affiliate of Monroe Capital LLC (Monroe Capital), today announced the completion of its business combination (the Business Combination) with AdTheorent Holding Company, LLC (AdTheorent or the Company), a leading programmatic digital advertising company using advanced machine learning technology and privacy-forward solutions to deliver measurable value for advertisers and marketers.
  • Theodore L. Koenig, former CEO of MCAP noted, "The completion of the business combination in todays market was an incredible accomplishment.
  • In 2018, an affiliate of Monroe was a member of the sponsor group of Thunder Bridge Acquisition, Ltd. and supported its successful business combination with Repay Holdings Corporation (Nasdaq: RPAY).
  • Prior to the consummation of the Business Combination, MCAP was a blank check company organized for the purpose of effecting a merger, capital stock exchange, asset acquisition, or other similar business combination with one or more businesses or entities.

MCAP Acquisition Corporation and AdTheorent Announce Closing of Business Combination

Retrieved on: 
Wednesday, December 22, 2021

MCAP Acquisition Corporation (MCAP) (Nasdaq: MACQ), a special purpose acquisition company sponsored by an affiliate of Monroe Capital LLC (Monroe Capital), today announced the completion of its business combination (the Business Combination) with AdTheorent Holding Company, LLC (AdTheorent or the Company), a leading programmatic digital advertising company using advanced machine learning technology and privacy-forward solutions to deliver measurable value for advertisers and marketers.

Key Points: 
  • MCAP Acquisition Corporation (MCAP) (Nasdaq: MACQ), a special purpose acquisition company sponsored by an affiliate of Monroe Capital LLC (Monroe Capital), today announced the completion of its business combination (the Business Combination) with AdTheorent Holding Company, LLC (AdTheorent or the Company), a leading programmatic digital advertising company using advanced machine learning technology and privacy-forward solutions to deliver measurable value for advertisers and marketers.
  • Theodore L. Koenig, former CEO of MCAP noted, The completion of the business combination in todays market was an incredible accomplishment.
  • In 2018, an affiliate of Monroe was a member of the sponsor group of Thunder Bridge Acquisition, Ltd. and supported its successful business combination with Repay Holdings Corporation (Nasdaq: RPAY).
  • Prior to the consummation of the Business Combination, MCAP was a blank check company organized for the purpose of effecting a merger, capital stock exchange, asset acquisition, or other similar business combination with one or more businesses or entities.

Goodwill NYNJ Receives Amazon Donation to Fund Training & Workforce Readiness Initiative in The Bronx

Retrieved on: 
Tuesday, December 14, 2021

During the fair, Goodwill NYNJ will announce a new donation from Amazon to support a training and workforce readiness initiative at its Jobs-Plus program in The Bronx.

Key Points: 
  • During the fair, Goodwill NYNJ will announce a new donation from Amazon to support a training and workforce readiness initiative at its Jobs-Plus program in The Bronx.
  • "We're excited to support Goodwill NYNJ and the Jobs-Plus program as they continue supporting our community through workforce training and readiness initiatives."
  • Goodwill NYNJ translates those donations into workforce development services for people with disabilities and the unemployed, and job training leading to employment.
  • Learn more about Goodwill NYNJ at http://www.goodwillnynj.org ; follow us on Twitter: @ GoodwillNYNJ ; and find us on Facebook or Instagram: GoodwillNYNJ.

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

CHICAGO, Dec. 02, 2021 (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 fourth quarter of 2021, payable on December 31, 2021 to stockholders of record as of December 16, 2021.

Key Points: 
  • CHICAGO, Dec. 02, 2021 (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 fourth quarter of 2021, payable on December 31, 2021 to stockholders of record as of December 16, 2021.
  • 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 objective is to maximize the total return to its stockholders in the form of current income and capital appreciation.
  • 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.

Monroe Capital Supports CMI Group’s Acquisition of Systems 3

Retrieved on: 
Wednesday, December 1, 2021

Monroe Capital LLC today announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of System 3 by CMI Group (CMI).

Key Points: 
  • Monroe Capital LLC today announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of System 3 by CMI Group (CMI).
  • CMI is an existing portfolio company of Gallant Capital Partners.
  • With the acquisition, CMI becomes the preeminent complex precision manufacturing partner for both commercial and defense focused OEMs.
  • 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.

Innovative Monroe® RideRefine™ HCS Damping Technology Supports Vehicle Lightweighting Strategies, Enhances Ride Comfort

Retrieved on: 
Wednesday, December 1, 2021

The new Monroe RideRefine Hydraulic Compression Stop (HCS) improves ride comfort and body control by enabling a better trade-off between ride height and end-stroke compression damping.

Key Points: 
  • The new Monroe RideRefine Hydraulic Compression Stop (HCS) improves ride comfort and body control by enabling a better trade-off between ride height and end-stroke compression damping.
  • The technology increases damping force within the "HCS zone" near the end of the compression stroke and allows reduction of damping force near the middle of the stroke, improving overall ride comfort and refinement.
  • "RideRefine HCS builds on our heritage of innovation in passive suspension technology," said Nik Endrud, vice president and general manager, Ride Control, Tenneco.
  • In addition to the new HCS valve, the Monroe RideRefine portfolio includes patented add-on valves that utilize stroke dependent damping (SDD) and frequency dependent damping (RC1).

Monroe College Hosts "Sisters In Law: Rising as We Climb" Event to Motivate and Empower Young Women of Color to Chase their Personal, Academic, and Professional Dreams

Retrieved on: 
Thursday, November 18, 2021

The event, held on the College's Bronx campus, welcomed prominent New York women as guest speakers.

Key Points: 
  • The event, held on the College's Bronx campus, welcomed prominent New York women as guest speakers.
  • Darcel Clark, the Bronx County District Attorney, opened the event with rousing words that kicked off the program on the right energetic note.
  • They also heard about the importance of fighting injustice, lifting each other up, finding their voices, and making them heard.
  • Founded in 1933, Monroe College is a recognized leader in educating first-generation and international students.

Monroe Capital Supports Growth of Exiger Holdings, Inc.

Retrieved on: 
Thursday, November 11, 2021

Monroe Capital LLC (Monroe) today announced it acted as administrative agent and sole lead arranger on the funding of a $70.0 million senior credit facility to support the continued growth of Exiger Holdings, Inc. (Exiger), a portfolio company of private equity sponsor, Carrick Capital Partners.

Key Points: 
  • Monroe Capital LLC (Monroe) today announced it acted as administrative agent and sole lead arranger on the funding of a $70.0 million senior credit facility to support the continued growth of Exiger Holdings, Inc. (Exiger), a portfolio company of private equity sponsor, Carrick Capital 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.
  • Monroe prides itself on being a value-added and user-friendly partner to business owners, management, and both private equity and independent sponsors.
  • Monroe has been recognized by both its peers and investors with various awards including Creditflux as the 2021 Best U.S.

Monroe College Hosts Special Male Empowerment "My Brother's Keeper" Townhall Today for Area High School Students

Retrieved on: 
Thursday, November 11, 2021

Mr. Blake had been instrumental in MBK's launch, having served as an aide to President Obama at the time.

Key Points: 
  • Mr. Blake had been instrumental in MBK's launch, having served as an aide to President Obama at the time.
  • Nearly 200 high school juniors and seniors from one dozen NYC high schools attended this morning's townhall, which began with a rousing tribute from the College's marching band.
  • Compelling data on higher education outcomes was shared during a presentation on improving college access and opportunity for Black and Hispanic students.
  • Founded in 1933, Monroe College is a recognized leader in educating first-generation and international students.