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Home Deal Announcements

Monroe Capital Supports GTCR’s Acquisition of Cloudbreak Health

byErin Rafter
May 16, 2024
in Deal Announcements

Monroe Capital acted as joint lead arranger on the funding of a senior credit facility to support the acquisition of Cloudbreak Health by GTCR.

Headquartered in Columbus, OH, Cloudbreak is a video-focused language interpretation service provider that helps patients with limited English proficiency, as well as deaf and hard-of-hearing populations, communicate with caregivers in healthcare settings.

The company’s core offering is Martti™ (My Accessible Real-Time Trusted Interpreter), a HIPAA-compliant video remote interpretation solution that connects patients with interpreters in over 250 languages across its network interpreters on five continents. Cloudbreak serves clinicians and patients across all types of healthcare settings, including hospitals, urgent care centers, standalone clinics and medical practices, and helps improve health equity across an underserved U.S. patient population.

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The Covenant Divide: Why Financial Protections Are Holding Firm in the Lower Middle Market

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