Daily News: September 19, 2017

Monroe Capital Provides $26.3MM Facility to American Optics


Monroe Capital acted as sole lead arranger and administrative agent on the funding of a $26.3 million senior credit facility to refinance the existing debt facility and to finance an add-on acquisition for American Optics, an existing portfolio company of DW Healthcare Partners.

Based in Toronto, American Optics is a manufacturing, assembly and distribution business for replacement components used in the repair of endoscopes. The business focuses on the third-party endoscope repair market. American Optics is an international business with offices in Canada, the U.S. and Europe.

Monroe Capital 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.