Monroe Capital Supports The Vistria Group’s Acquisition of Really Great Reading Company, Inc.
Chicago, IL, July 11, 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 acquisition of Really Great Reading Company, Inc. (“RGR”) by The Vistria Group.
Founded in 2005 and headquartered in Maryland, RGR is a national, leading provider of scientifically-aligned literacy curriculum for students in grades pre-K through high school. RGR develops supplemental educational curriculum focused on foundational literacy and serves more than 600,000 students and 40,000 teachers in all 50 states. RGR offers structured literacy programs through a suite of instruction, assessment, practice and professional development products that help educators align their daily practices with evidence-based reading methods.
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.