Monroe Capital acted as administrative agent and joint lead arranger on the funding of a senior credit facility in support of Equity Group Investments’(EGI) partnership with Lanter Delivery Systems.
The infusion of capital from EGI, the private investment firm of Sam Zell, and Monroe positions Lanter well to pursue future growth opportunities.
Based in Madison, IL, Lanter is a privately held company providing overnight unattended delivery service of time-sensitive parts for major auto, agriculture, and heavy-duty truck original equipment manufacturers (OEMs) and industrial supply and equipment distributors. Lanter leases and operates nearly 100 cross-dock facilities across the U.S.
