Daily News: January 30, 2019

Monroe Supports SNH Recap of National Credit Center

Monroe Capital supported the second recapitalization of National Credit Center, an SNH Capital Partners portfolio company. Monroe provided the financing through an upsizing of the company’s senior credit facility.

Founded in 1996 and based in Las Vegas, NCC provides comprehensive data solutions to maximize automotive dealer performance.

“NCC continues to experience tremendous growth and we are excited about the company’s financial trajectory. Monroe has been an outstanding partner to SNH and NCC,” said Jevin Sackett, CEO and managing partner of SNH Capital Partners.

“We are delighted to have executed this transaction, which is representative of Monroe’s financing capabilities to sponsors like SNH,” said Tom Aronson, managing director and partner of Monroe Capital.

SNH Capital Partners is a U.S.-based, private equity investor dedicated to acquiring and transforming companies in the lower middle-market.

Founded in 2004, Monroe Capital is a private credit asset management firm specializing in direct lending and opportunistic private credit investing.