Press Releases
Monroe Capital Provides $14 Million Senior Secured Credit Facility to Starpoint Health, Inc.
Chicago, IL, July 15, 2014
Monroe Capital LLC today announced the funding of a $14 million senior secured credit facility to support the recapitalization and growth of Starpoint Health, Inc. by private equity sponsor, Caltius Equity Partners.
Based in Newport Beach, California, Starpoint Health is a leading operator of multi-specialty ambulatory surgery centers in Southern California. These facilities offer procedures across a variety of specialties including orthopedics, pain management, gastro-intestinal, podiatry, and ear, nose and throat. The company has established a leading reputation for providing high-quality care, leveraging its state-of-the-art facilities, operational expertise and differentiated recruitment strategy to attract and retain high-quality physicians.
This transaction is representative 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 Small Mid Market Lender of the Year and by Private Debt Investor as the 2013 Unitranche Lender of the Year. To learn more about Monroe Capital LLC, visit www.monroecap.com.