Press Releases

Monroe Capital Supports TPG Growth’s Investment in CycleBar

Chicago, IL, October 16, 2017

Monroe Capital LLC today announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support TPG Growth’s investment in CycleBar.

Founded in 2004 and franchising since 2014, CycleBar is the largest premium indoor cycling franchisor in the United States. CycleBar provides over half a million riders across the country with high-energy, indoor group cycling classes. The facilities are equipped with custom bikes, state-of-the-art lighting and sound systems, concierge-level services, and amenities to provide riders of all ages and fitness levels with a high-quality, immersive fitness experience.

About Monroe Capital
Monroe Capital LLC (“Monroe”) is a middle market direct lending and private credit asset management firm. Since 2004, the firm has provided private credit solutions to corporate borrowers in the U.S. and Canada. Monroe’s middle market lending platform provides senior and junior debt financing to middle market businesses and private equity sponsors. Investment types include unitranche financings; cash flow, asset based and enterprise value based loans; and equity co-investments. Monroe is committed to being a value-added and user-friendly partner to business owners, senior management and private equity sponsors. The firm is headquartered in Chicago and maintains offices in Atlanta, Boston, Dallas, Los Angeles, New York, San Francisco and Toronto. Monroe has been recognized by Private Debt Investor as the 2016 Lower Mid-Market Lender of the Year; M&A Advisor as the 2016 Lender Firm of the Year; Global M&A Network as the 2016 Small Middle Markets Lender 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