Monroe Capital acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the merger and future growth of ParkHub and JustPark by LLR Partners and FTV Capital.
The combination creates a full-service parking software and payments solution for customers across North America and the United Kingdom. Together, the combined company serves more than 20 million drivers and more than 500 B2B customers, representing over $1 billion in booking volume.
