Monroe Capital acted as administrative agent on the funding of a $260 million senior credit facility to support the acquisition of Dude Solutions by Clearlake Capital Group.
Other lenders participating in this transaction include funds and accounts under management by BlackRock Capital Investment Advisors, Owl Rock Capital, and Vista Credit Partners.
Based in Cary, NC, Dude Solutions is provider of cloud-based operations management software that automates mission-critical enterprise asset management workflows such as work order, inventory, energy, capital planning, facility scheduling, and community development. Dude Solutions provides an end-to-end SaaS solution for its over 12,000 clients in the education, government, healthcare and manufacturing verticals.
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