Monroe Capital supports acquisition of The Equine Network by Growth Catalyst Partners
CHICAGO–(COMMERCIAL THREAD) – Monroe Capital LLC (“Monroe”) today announced that it has acted as principal arranger and sole administrative agent for the financing of a senior credit facility to support the acquisition of The Equine Network by the private equity sponsor Growth Catalyst Partners.
Based in Albuquerque, New Mexico, The Equine Network is the leading provider of exclusive sports content, information and technology services to the US equine industry. 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 e-learning services to thousands of subscribers; and (iii) Marketing services: eight well-known information platforms on the equine industry, reaching over three million people and over 600 leading companies, who use these platforms as a valuable channel for marketing solutions.
About Monroe Capital
Monroe Capital LLC (“Monroe”) is a private credit asset management company specializing in direct lending and opportunistic private credit investing. Since 2004, the company has offered private credit solutions to borrowers in the United States and Canada. Monroe’s mid-market lending platform provides debt financing to businesses, special situation borrowers, and private equity sponsors. Types of investments include cash flow, enterprise value, and asset lending; unitranches financing; and co-investments in equities. Monroe is committed to being a value-added, user-friendly partner for business owners, senior management, private equity and independent sponsors. The company is headquartered in Chicago and has offices in Atlanta, Boston, Los Angeles, New York and San Francisco.
Monroe was recognized by Creditflux as the best direct lending fund in the United States in 2020; Pension Bridge as the private credit strategy of the year 2020; Global M&A Network as 2020 Lender of the Year for Small Intermediate Markets; Private Debt Investor as the Lower Intermediate Market Lender of the Year 2018; Mergers and Acquisitions Advisor as Lender of the Year 2016; and the US Small Business Administration as Small Business Investment Company (SBIC) of the Year 2015. For more information, please visit www.monroecap.com.