Monroe Capital, on behalf of its investment funds, has led a $100 million minority equity investment in NFS Capital.
“We are excited to partner with NFS Capital to support its next phase of growth in the large and high-demand equipment leasing market,” Kyle Asher, co-head of Monroe’s alternative credit solutions group, said. “NFS is a well-established, independent financing provider with a strong track record and a differentiated approach to leasing and asset-backed lending.”
“We are very pleased to welcome Monroe Capital as strategic partners,” Ashley Whyman, president of NFS, said. “Their vision for the future of the business aligns with ours, and their capital, resources, and deep expertise in capital markets will help accelerate our growth and expand our reach.”
This transaction is representative of Monroe’s specialty finance division within the alternative credit solutions group.
