/ ProPharma
/ ProPharma
Monroe Capital LLC today announced an increase in its credit facility to ProPharma Group (“ProPharma”) to support the acquisitions of The Weinberg Group, Inc. and Southwood Research. ProPharma is an existing portfolio company of Linden Capital Partners.
Based in Washington, D.C., The Weinberg Group, Inc. is a leading FDA consultancy. For over 35 years, the company has provided pharmaceutical, biotechnology, and medical device consulting services to companies of every size on every continent, supplying them with viable and efficient drug development pathways and compliance solutions. Based in Buckinghamshire, United Kingdom, Southwood Research is a leading provider of pre-approval regulatory science services to the pharmaceutical and biotech industries. ProPharma is an international, independent, single-source provider of comprehensive compliance services that span the entire lifecycle of pharmaceuticals, biologics, and medical devices. The additions of The Weinberg Group in the United States and Southwood Research in the UK will bolster ProPharma’s regulatory affairs capabilities and represent a truly unique end-to-end global regulatory practice.
MidCap Financial also participated in the transaction.
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, 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 2018 Lower Mid-Market Lender of the Year; Mergers & Acquisitions as the 2018 Lender of the Year; Global M&A Network as the 2018 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.