Press Releases
Monroe Capital Provides $38.6 Million Unitranche Credit Facility Financing to Laboratory Testing Services Company
Chicago, IL, July 21, 2015
Monroe Capital LLC today announced it acted as sole lead arranger and administrative agent on the funding of a $38.6 million unitranche credit facility to support the acquisition of a laboratory testing services company by a private equity sponsor.
The company specializes in pathology testing services throughout the United States, offering both the professional and technical components of laboratory testing to hospitals and referring private practice physicians, lab management and consulting services, and billing and collection services.
This transaction is another example of Monroe Capital’s extensive capabilities in its healthcare vertical.
About Monroe Capital
Monroe Capital LLC is a leading provider of senior and junior debt and equity co-investments to middle-market companies in the U.S. and Canada. Investment types include unitranche financings, cash flow and enterprise value based loans, acquisition facilities, mezzanine debt, second lien or last-out loans and equity co-investments. Monroe Capital prides itself on its flexible investment approach and its ability to close and fund transactions quickly. Monroe is committed to being a value-added and user-friendly partner to owners, senior management and private equity sponsors. Monroe has been recognized by Global M&A Network as the 2013 and 2014 Small Mid-Market Lender of the Year, Private Debt Investor as the 2013 Unitranche Lender of the Year and 2014 Senior Lender of the Year, and the U.S. Small Business Administration as the 2015 Small Business Investment Company (SBIC) of the Year. To learn more about Monroe Capital LLC, visit www.monroecap.com.