Monroe Capital Corp. Stock News

CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility and equity co-investment to support the acquisition of Yellow Brick Road Early Childhood Development Center (“Yellow Brick Road”) by Avathon Capital. Founded in 2006 and based in Minneapolis, MN, Yellow Brick Road is a network of ea...

CHICAGO, Feb. 21, 2025 (GLOBE NEWSWIRE) -- Monroe Capital Corporation (the “Company”) (NASDAQ: MRCC) announced today that it will file its Annual Report on Form 10-K for the year ended December 31, 2024 on Friday, February 28, 2025, after the close of the financial markets.

CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) announced it acted as joint lead arranger on the funding of a senior credit facility to support the acquisition of Accelevation Holding Company, LLC (“Accelevation”) by Olympus Partners. Founded in 2018 and based in Miamisburg, OH, Accelevation is a provider of infrastructure products and services to the data center market. Their verticall...

CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) announced it acted as joint lead arranger on the funding of a senior credit facility to support the investment in Global, the Source (“Global”) by Platinum Equity. Founded in 1982 and based in Universal City, Texas, Global is a leading master distributor of HVAC/R components such as capacitors, relays, transformers, contactors, disconnects...

CHICAGO & SYDNEY--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) today announced it has expanded its platform to Australia with the appointment of Galen Fu as Director, Business Development. Fu will be based in the firm's Sydney, Australia office and will be responsible for client servicing and capital raising across Australia. Fu has more than 14 years of experience in capital raising, portfol...

Monroe Capital has shown improvements in earnings and investment income, but NAV and portfolio value continue to decline, raising concerns about overall credit quality. Despite a solid dividend coverage of 124% and reduced debt, the BDC faces potential downside due to lower interest rates impacting financials. The stock trades at an 8.3% discount to NAV, with no significant upside expected and ...

CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support Aligned Exteriors Group's (“AEG”) acquisition of Home Pro Roofing, an existing portfolio company created by River Sea Network and Pearl Street Capital Partners. Based in Grand Rapids, MI, Home Pro Roofing is a professiona...

CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the investment in phData, Inc. (“phData”) by Gryphon Investors. Founded in 2014 and based in Minneapolis, MN, phData is one of the largest pure-play data engineering companies globally, offering services including data en...