Monroe Capital acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of Serán Bioscience by private equity sponsor Vivo Capital.

Founded in 2016 and located in Bend, OR, Serán is a contract development and manufacturing organization providing a suite of development, analytical and clinical manufacturing services to pharmaceutical and biotechnology companies.

Monroe Capital is a private credit asset management firm specializing in direct lending and opportunistic private credit investing.