Press Releases
Monroe Capital Supports Growth Catalyst Partners’ Acquisition of The Equine Network
Chicago, IL, January 22, 2021
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 The Equine Network by private equity sponsor Growth Catalyst Partners.
Based in Albuquerque, NM, The Equine Network is the leading provider of proprietary sports content, information, and tech-enabled services in the U.S. equine industry. The Equine Network operates three segments: (i) Competitions: owns, operates and serves as the governing body for three of the world’s largest and most renowned sporting competitions in the Western equine market; (ii) Memberships: provides roadside assistance services to over 40,000 horse trailer owners and members, as well as online learning services to thousands of subscribers; and (iii) Marketing Services: eight well-known equine industry information platforms, reaching over three million individuals and 600+ leading companies, who utilize these platforms as a valuable channel for marketing solutions.
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 2020 Best U.S. Direct Lending Fund; Pension Bridge as the 2020 Private Credit Strategy of the Year; Global M&A Network as the 2020 Small Middle Markets Lender of the Year; Private Debt Investor as the 2018 Lower Mid-Market 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.