Daily News: November 29, 2018

Monroe Capital Provides Funding to TooJay’s Restaurants

Monroe Capital acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support TooJay’s Restaurants.

Founded in 1981, TooJay’s Restaurants serves New York-style deli specialties in 28 locations acorss Florida. TooJay’s offers breakfast, lunch and dinner sit-down service, take-out, delivery, full service catering and online ordering. It is an existing portfolio company of Branford Castle and Brookside Equity Partners.

TooJay’s plans to use the financing for future growth and expansion.