Monroe Capital Supports Point 41 Capital Partners’ Acquisition of Interstate AC Service, LLC
May 09 2024 - 6:00AM
Business Wire
Monroe Capital LLC today announced it acted as sole lead
arranger and administrative agent on the funding of a senior credit
facility to support the acquisition and growth of Interstate AC
Service, LLC (“Interstate AC”), Kimbro Mechanical and Open Source
Controls by private equity sponsor Point 41 Capital Partners.
Headquartered in Nashville, TN, Interstate AC is a leading
provider of commercial HVAC, plumbing and building automation
solutions to industrial, education, warehouse, government,
healthcare, datacenter and other end markets. The company
specializes in light commercial applications and offers a full
range of install, retrofit, replacement and maintenance
services.
About Monroe Capital
Monroe Capital LLC (including its subsidiaries and affiliates,
together “Monroe”) is a premier asset management firm specializing
in private credit markets across various strategies, including
direct lending, technology finance, venture debt, opportunistic,
structured credit, real estate and equity. Since 2004, the firm has
been successfully providing capital solutions to clients in the
U.S. and Canada. Monroe prides itself on being a value-added and
user-friendly partner to business owners, management, and both
private equity and independent sponsors. Monroe’s platform offers a
wide variety of investment products for both institutional and high
net worth investors with a focus on generating high quality “alpha”
returns irrespective of business or economic cycles. The firm is
headquartered in Chicago and maintains 10 offices throughout the
United States and Asia.
Monroe has been recognized by both its peers and investors with
various awards including Private Debt Investor as the 2023 Lower
Mid-Market Lender of the Decade, 2023 Lower Mid-Market Lender of
the Year, 2023 CLO Manager of the Year, Americas; Inc.’s 2023
Founder-Friendly Investors List; Global M&A Network as the 2023
Lower Mid-Markets Lender of the Year, U.S.A.; DealCatalyst as the
2022 Best CLO Manager of the Year; Korean Economic Daily as the
2022 Best Performance in Private Debt – Mid Cap; Creditflux as the
2021 Best U.S. Direct Lending Fund; and Pension Bridge as the 2020
Private Credit Strategy of the Year. For more information and
important disclaimers, please visit www.monroecap.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20240509717281/en/
For more information, please contact: Zia Uddin Monroe
Capital LLC 312-523-2374 zuddin@monroecap.com
Daniel Abramson BackBay Communications 857-305-8441
daniel.abramson@backbaycommunications.com