Monroe Credit Advisors announced Ryan Deegan joined the firm as a director, responsible for expanding the new business development efforts for the firm’s debt advisory and placement practice.
Monroe Credit Advisors announced it placed an $18 million senior secured credit facility for its client, Asure Software, a provider of workplace management software solutions.
Monroe Credit Advisors announced it placed a $16 million senior-secured credit facility for AllOver Media. Proceeds refinanced existing company debt.
Monroe Credit Advisors announced it placed $33 million in credit facilities for Smith Mountain Industries, comprised of a $15 million ABL provided by a bank and an $18 million term loan provided by a commercial finance company.
Monroe Credit Advisors placed an undisclosed amount of senior secured credit facilities for Detroit Technologies, to effect the acquisition of Formed Fiber Technologies.
Monroe Credit Advisors announced the closing of a $23.5 million in senior secured credit facilities for Footprint Retail Services. The credit facilities were used to refinance the company’s existing debt.