Daily News: September 7, 2017

Monroe Capital Supports Tower Three Partners’ Parterre Buy

Monroe Capital acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of Parterre Flooring & Surface Systems by private equity sponsor Tower Three Partners.

Based in Wilmington, MA, Parterre is one of the oldest designers and marketers of specialty commercial luxury vinyl tile and plank products. LVT products replicate wood, granite, metal and other natural surfaces for an array of commercial end market applications throughout the U.S.