CHICAGO – Monroe Capital LLC announced Tuesday that it served as sole lead arranger and administrative agent on a senior credit facility backing the growth of a360inc and ProVest, LLC. The financing was sponsored by Morgan Stanley Investment Management, Knox Capital, and Nonantum Capital Partners.
ProVest, founded in 1991 and based in Tampa, Florida, specializes in legal support services, including process serving and creditors’ rights solutions for law firms, financial institutions, and insurance companies. San Antonio-based a360, founded in 2017, provides case management software and outsourced services for mortgage default and collection law firms, mortgage servicers, lenders, and debt buyers. Together, the companies offer litigation support and case management solutions nationwide.
Monroe Capital, a Chicago-based asset management firm, specializes in private credit across multiple investment strategies. The firm has been recognized with multiple industry awards, including Private Debt Investor’s 2024 Lower Mid-Market Lender of the Year, Americas.
Financial terms of the transaction were not disclosed.
