Monroe Capital Supports Southfield Capital’s Milrose Consulting Inc. Add-on Acquisitions
Chicago, IL, September 27, 2023
Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisitions of JM Zoning and Project Expediters Consulting Corp. (PECC), by Milrose Consulting, Inc. (“Milrose”). Milrose is an existing portfolio company of Southfield Capital.
Based in New York City, Milrose is the leading national provider of building code compliance, fulfillment, and consulting solutions spanning a broad spectrum of industry sectors including commercial, retail, industrial, multi-family residential, healthcare, and life sciences. Founded in 2002, PECC is a boutique expediting firm that specializes in helping clients navigate the planning and zoning approval process throughout the country. Founded in 2006, JM Zoning is a municipal permitting and zoning consulting firm providing guidance to property owners, development firms, and industry partners. The additions of JM Zoning and PECC will allow the companies to leverage Milrose’s capabilities and geographic reach to better serve their clients and enhance the portfolio of services they can offer across an expanded national footprint.
About Monroe Capital
Monroe Capital LLC (“Monroe”) is a premier boutique asset management firm specializing in private credit markets across various strategies, including direct lending, technology finance, venture debt, opportunistic, structured credit, real estate and equity. Since 2004, the firm has been successfully providing capital solutions to clients in the U.S. and Canada. Monroe prides itself on being a value-added and user-friendly partner to business owners, management, and both private equity and independent sponsors. Monroe’s platform offers a wide variety of investment products for both institutional and high net worth investors with a focus on generating high quality “alpha” returns irrespective of business or economic cycles. The firm is headquartered in Chicago and maintains 10 offices throughout the United States and Asia.
Monroe has been recognized by both its peers and investors with various awards including Private Debt Investor as the Lower Mid-Market Lender of the Decade, 2022 Lower Mid-Market Lender of the Year, 2022 CLO Manager of the Year, Americas; 2022 Best Performance in Private Debt – Mid Cap by Korean Economic Daily; Global M&A Network as the 2022 Small Mid-Markets Lender of the Year, Americas; Creditflux as the 2021 Best U.S. Direct Lending Fund; and Pension Bridge as the 2020 Private Credit Strategy of the Year. For more information and important disclaimers, please visit www.monroecap.com.