Press Releases

Monroe Capital Supports Frontenac’s Recapitalization of XanEdu

Chicago, IL, February 4, 2020

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 recapitalization of XanEdu by private equity sponsor Frontenac.

Based in Ann Arbor, MI, XanEdu is a leading provider of custom content solutions to the Higher Ed and K–12 markets. The company delivers innovative solutions to educators at more than 1,800 institutions and partners directly with educators to develop custom course materials and curricula that are more affordable, engaging, and regulatory compliant. XanEdu leverages its deep industry expertise, key channel partnerships, and proprietary technology platform to solve critical pain points for educators.

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 2019 Best US Direct Lending Fund; Global M&A Network as the 2019 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