Monroe Capital acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisitions of JM Zoning and Project Expediters Consulting (PECC) by Milrose Consulting. Milrose is an existing portfolio company of Southfield Capital.
Based in New York City, Milrose is the national provider of building code compliance, fulfillment and consulting solutions spanning a broad spectrum of industry sectors including commercial, retail, industrial, multi-family residential, healthcare and life sciences. Founded in 2002, PECC is a expediting firm that specializes in helping clients navigate the planning and zoning approval process throughout the country. Founded in 2006, JM Zoning is a municipal permitting and zoning consulting firm providing guidance to property owners, development firms and industry partners. The additions of JM Zoning and PECC will allow the companies to leverage Milrose’s capabilities and geographic reach to better serve clients and enhance the portfolio of services they can offer across an expanded national footprint.
