Monroe Capital acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the recapitalization and future growth of Dealer Services Network (DSN) by private equity sponsor Frontenac.
Based in Deerfield Beach, FL, DSN is a technology-enabled provider of automotive tag, title, registration, secure document management and other ancillary services. Its proprietary DealTracker platform delivers TaaS (Title-as-a-Service), workflow, content management and compliance solutions. DSN serves industry participants including automotive dealers, rental car companies and other fleet operators, consumers and governmental agencies primarily in the Southeast.
