Monroe Capital acted as sole lead arranger and administrative agent on the funding of a senior credit facility, including an undrawn revolving credit facility, to support the acquisition of Ashley Stewart by its senior management and an affiliate of The Invus Group.

Ashley Stewart, founded in 1991 and based in Secaucus, NJ, is a global lifestyle brand for plus size women’s fashion. The company offers fashionable, on-trend clothing at affordable prices through its website, social media platforms and 89 retail store locations across the U.S.

This transaction is a representative example of Monroe’s extensive capabilities in the retail and consumer products industry.