Monroe Capital acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of Launch Environmental Underwriters by Sands Point Risk, an existing portfolio company of Avesi Partners.
Launch Environmental is a specialized provider of environmental liability insurance solutions, focusing on complex risks in the energy, infrastructure, construction, chemical, M&A and industrial sectors. The company is known for its underwriting expertise and tailored approach to address evolving environmental exposures. Sands Point is an insurance platform uniquely focused on supporting expanded opportunities for managing general underwriters across a spectrum of financial lines and property and casualty insurance offerings. The acquisition further strengthens Sands Point’s position as an emerging leader in the Managing General Agent space and reinforces its commitment to strategic expansion into high-growth insurance verticals.
