Marc Pressler joined Monroe Credit Advisors as a managing director in its Chicago office. Pressler previously worked for Associated Bank, BMO Harris Bank, Madison Capital Funding, GE Capital, Heller Financial and LaSalle Bank.
Monroe Capital reported adjusted new investment income of $6.8 million in Q1/20 compared with $7.7 million for Q4/19. The company also reported net asset value fell by 18% to $205.4 million in the quarter compared with the Q4/19 level of $249.4 million.
Monroe Capital acted as co-syndication agent in the funding of a senior credit facility and equity co-investment to support the acquisition of Kindeva Drug Delivery by Altaris Capital Partners.
Monroe Capital acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of Shaw Development by private equity sponsor Monomoy Capital Partners.
Monroe Capital reported the purchase of more than 237,500 shares of Monroe Capital common stock by officers and directors of the company and senior management of Monroe Capital Management Advisors, an affiliate of the company’s investment advisor.
Monroe Capital acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of Shaw Development by private equity sponsor Monomoy Capital Partners.
Monroe Capital acted as sole lead arranger and administrative agent of a senior credit facility and co-invested equity alongside Cimarron Healthcare Capital to support its acquisition of Ascent Behavioral Health.
Monroe Capital acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the recapitalization of XanEdu by private equity sponsor Frontenac.
Monroe Capital acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the merger of Anova and Silicon Controls, an existing portfolio company of FFL Partners.
Monroe Capital acted as sole lead arranger and administrative agent on the funding of a senior credit facility and equity co-investment to support Centre Partners’ investment in Wisconsin Cheese Group Holding.