Monroe Capital Supports Growth Catalyst Partners’ Acquisition of The Equine Network
Summary
CHICAGO--(BUSINESS WIRE)--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 acquisition of The Equine Network by private equity sponsor Growth Catalyst Partners. The Equine Network operates three segments: (i) Competitions: owns, operates and serves as the governing body for three of the world’s largest and most renowned sporting competitions in the Western equine market; (ii) Memberships: provides roadside assistance services to over 40,000 horse trailer owners and members, as well as online learning services to thousands of subscribers; and (iii) Marketing Services: eight well-known equine industry information platforms, reaching over three million individuals and 600+ leading companies, who utilize these platforms as a valuable channel for marketing solutions. Monroe’s middle market lending platform provides debt financing to businesses, special situation borrowers, and private equity sponsors. 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.