Monroe Capital Supports The Gersh Agency Inc.’s Acquisition of You First
Summary
CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of You First by The Gersh Agency, Inc. (“Gersh”), a portfolio company of Crestview Partners. Founded in 1949 and based in Beverly Hills, CA, Gersh is a full-service talent agency that represents a leading roster of actors, writers, directors, comedians and other entertainment professionals in television, film, theatrical performances, and live events. Founded in 2002 and headquartered in Madrid, Spain, You First is a sports representation agency with additional capabilities within branding, podcasting, production, and alternative media. With the acquisition of You First, Gersh doubles its size to over 600 employees, establishes a global footprint with 22 offices in 14 countries, and positions itself as a player in worldwide sports representation. Monroe prides itself on being a value-added and user-friendly partner to business owners, management, and both private equity and independent sponsors.