Monroe Capital acted as sole lead arranger and administrative agent on the funding of a $21 million senior credit facility to support the Milestone Partners-led acquisition of RedZone Robotics.

Based in Pittsburgh, RedZone uses proprietary robots and software tools to provide inspection, data collection and asset management services primarily for wastewater pipeline systems.

The company’s products and services provide data-driven maintenance and capital expenditure decisions that help maximize return on investment and avoid costly and dangerous system failures. Its end-to-end solutions include robotic hardware platforms, inspection services, data processing and hosting and reporting and asset management software.