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Monroe Capital

North America, Illinois, United States, Chicago

Description

Monroe Capital, founded in 2004 and headquartered in Chicago, Illinois, stands as a prominent private credit asset manager specializing in direct lending to middle-market companies across the United States and Canada. The firm primarily functions as a provider of senior and junior debt, including unitranche, mezzanine, and second lien facilities, alongside equity co-investments. Their strategic focus is on supporting private equity sponsors in leveraged buyouts, recapitalizations, and growth capital initiatives for their portfolio companies, demonstrating a deep understanding of complex transaction structures.

Monroe Capital's investment strategy is characterized by its flexibility and comprehensive approach to capital solutions. They aim to be a one-stop shop for private equity firms seeking financing for their acquisitions and portfolio company growth. The firm's expertise spans a wide array of industries, and they are known for their rigorous underwriting process and commitment to long-term partnerships with both their borrowers and private equity sponsors. This approach allows them to tailor financing solutions that meet the specific needs and growth objectives of middle-market businesses.

With a significant presence in the private credit market, Monroe Capital manages approximately $18 billion in assets under management, underscoring its substantial scale and influence. Since its inception, the firm has invested in over 1,800 companies, showcasing its extensive track record and broad reach within the middle-market sector. Their consistent activity and robust capital base position them as a reliable and impactful financing partner for companies seeking flexible debt and equity solutions to fuel their expansion and strategic objectives.

Investor Profile

Monroe Capital has backed more than 48 startups, with 3 new investments in the last 12 months alone. The firm has led 24 rounds, about 50% of its total and boasts 19 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Debt Financing, Series Unknown, Private Equity rounds (top funding stages).
  • Majority of deals are located in United States, Canada.
  • Strong thematic focus on Information Technology, E-Commerce, Health Care.
  • Led 2 rounds in the past year.
  • Typical check size: $5M – $250M.

Stage Focus

  • Debt Financing (58%)
  • Series Unknown (19%)
  • Private Equity (10%)
  • Post Ipo Debt (8%)
  • Series C (2%)
  • Post Ipo Equity (2%)

Country Focus

  • United States (98%)
  • Canada (2%)

Industry Focus

  • Information Technology
  • E-commerce
  • Health Care
  • Consulting
  • Artificial Intelligence (Ai)
  • Saas
  • Advertising
  • Internet
  • Retail
  • Financial Services
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Monroe Capital frequently co-invest with?

Moore Venture Partners
North America, California, United States, San Diego
Co-Investments: 1
Estancia Capital Partners
North America, Arizona, United States, Scottsdale
Co-Investments: 1
Avalon Ventures
North America, California, United States, La Jolla
Co-Investments: 2
Aequitas Capital
North America, Oregon, United States, Lake Oswego
Co-Investments: 2
Correlation Ventures
North America, California, United States, San Diego
Co-Investments: 2
Sigma Partners
North America, Massachusetts, United States, Boston
Co-Investments: 2
Woodlawn Partners
North America, Illinois, United States, Chicago
Co-Investments: 2
Bain Capital Credit
North America, Massachusetts, United States, Boston
Co-Investments: 1
Apogem Capital
North America, New York, United States, New York
Co-Investments: 1
Bank of America Securities
North America, New York, United States, New York
Co-Investments: 1

What are some of recent deals done by Monroe Capital?

NFS Capital

Beverly, Massachusetts, United States

NFS Capital provides technology, scientific and medical equipment leasing for construction and agricultural sectors.

BankingFinanceFinancial Services
Private EquityJul 8, 2025
Amount Raised: $100,000,000
Archtop Fiber

Kingston, New York, United States

Archtop Fiber provides fiber internet and phone service to residential and business customers.

InternetISPTelecommunications
Debt FinancingApr 14, 2025
Amount Raised: $200,000,000
Quest Resource Holding Corporation

Frisco, Texas, United States

Quest Resource Holding Corporation, formerly Infinity Resources Holdings Corp., through its subsidiaries, provides management programs

IndustrialRecyclingWaste Management
Post Ipo DebtDec 30, 2024
Amount Raised: $64,000,000
Smartsheet

Bellevue, Washington, United States

Smartsheet is a cloud-based work management platform that empowers collaboration, drives better decision-making, and accelerates innovation.

Cloud ManagementEnterpriseSaaSSoftware
Post Ipo DebtSep 24, 2024
Amount Raised: $3,200,000,000
Second Avenue Group

Tampa, Florida, United States

Second Avenue Group is a Provider of proprietary off-market acquisition platform

Property ManagementRentalResidential
Private EquityMar 11, 2024
Amount Raised: $250,000,000
Snowden Lane Partners

Nyack, New York, United States

Snowden Lane Partners is a financial services company providing wealth and corporate advisory services.

ConsultingFinancial Services
Debt FinancingApr 18, 2023
Amelia

New York, New York, United States

Amelia is an automation and conversational enterprise platform that develops and deploys AI tools for automating operations.

Artificial Intelligence (AI)Information TechnologyIT ManagementMachine Learning
Debt FinancingApr 5, 2023
Amelia

New York, New York, United States

Amelia is an automation and conversational enterprise platform that develops and deploys AI tools for automating operations.

Artificial Intelligence (AI)Information TechnologyIT ManagementMachine Learning
Private EquityMar 7, 2023
Amount Raised: $175,000,000
Vytalize Health

Hoboken, New Jersey, United States

Vytalize Health provides ACO solutions to help doctors accelerate the transition to value-based care.

Health CaremHealthProductivity ToolsWellness
Series CFeb 22, 2023
Amount Raised: $100,000,000
Lessen

Scottsdale, Arizona, United States

Lessen is an online platform for managing properties and maintenance services.

Online PortalsProperty ManagementReal EstateRental Property
Debt FinancingJan 11, 2023