Monroe Capital

Monroe Capital Corp. is an externally managed, closed-end, non-diversified management investment company, which engages in the provision of financial solutions. It offers customized financing solutions focused primarily on senior, unitranche and junior secured debt and, to a lesser extent, unsecured subordinated debt and equity, including equity co-investments in preferred and common stock and warrants. The company was founded on February 9, 2011 and is headquartered in Chicago, IL.

Earnings data Q1 2021

Earnings data Q2 2021

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Earnings data Q4 2021

Earnings data Q1 2022

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Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Monroe Capital maintains dividend coverage amid market challenges and growth opportunities

Monroe Capital's Q1 2024 performance remained steady, covering dividends and showcasing resilience despite challenges in market conditions and leverage increase.
The company's strengths in providing flexible capital solutions and managing portfolios effectively position it well to navigate competitive credit markets and capitalize on growth opportunities.

Monroe Capital reports mixed Q3 results, secures $1B seed capital

Monroe Capital's Q3 performance reflects a mix of positive income generation and operational challenges.
The company's strengths lie in securing new seed capital, maintaining a diversified investment portfolio, and aligning with market trends.
Challenges include managing expenses, optimizing operational efficiency, and balancing income with costs.
Opportunities for growth stem from strategic transactions, increasing middle-market loan volumes, and leveraging new capital for expansion.

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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 merger and future growth of ParkHub and JustPark by LLR Partners and FTV Capital. Based in Dallas, TX, ParkHub is a leading provider of parking management software and payments solutions, including facilitating payments and delivering real-time business insights for parking operators and venue management companies acr.

Monroe Capital Supports LLR Partners and FTV Capital's Investment in ParkHub and JustPark Merger

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 LidoChem, Inc. (“LidoChem”) by Valudor Products, LLC (“Valudor Products”). Based in Encinitas, CA, Valudor Products is a market leader in the sourcing of chemical raw materials in the agricultural and industrial space in Canada, United States and Latin-America. Valudor Products.

Monroe Capital Supports Valudor Products, LLC's Acquisition of LidoChem, Inc.

CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC today announced it acted as joint lead arranger on the funding of a senior credit facility to support the acquisition of MOREgroup, Inc. (“MOREgroup”) by private equity sponsor Wind Point Partners. Headquartered in Fort Worth, TX, MOREgroup is a family of leading architecture and engineering brands focused on education, healthcare and government end markets. The company offers a turnkey suite of architecture, design and adjacent engineering services.

Monroe Capital Supports Wind Point Partners' Acquisition of MOREgroup, Inc.

CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC today 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 future growth of Epika Fleet Services (“Epika”), an existing portfolio company of Trivest Partners. Headquartered in Nashville, TN, Epika is a coast-to-coast provider of mobile and in-shop preventive maintenance services for heavy and medium duty commercial truck and trailer fleets. Epika's vast co.

Monroe Capital Supports Trivest Partners' Epika Fleet Services

CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) today announced it acted as administrative agent and joint lead arranger on the funding of a senior credit facility to support the growth of Bishop Lifting Products, Inc. (“Bishop Lifting”), an existing portfolio company of Altamont Capital Partners. Headquartered in Houston, TX, Bishop Lifting is a specialty industrial distributor of lifting and safety products/services. The company's product portfolio includes wire rope, slings, hooks, c.

Monroe Capital Supports Altamont Capital Partners' Bishop Lifting Products, Inc.

CHICAGO, April 19, 2024 (GLOBE NEWSWIRE) -- Monroe Capital Corporation (the “Company”) (NASDAQ: MRCC) announced today that it will report its first quarter 2024 financial results on Wednesday, May 8, 2024, after the close of the financial markets.

Monroe Capital Corporation Schedules First Quarter 2024 Earnings Release and Conference Call

CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) announced it acted as the sole lead arranger and administrative agent in the funding of a senior credit facility to support the growth of Exiger, alongside private equity sponsors Carlyle, Insight Partners, and JMI. Based in New York, NY, Exiger is the market leading SaaS company revolutionizing the way corporations, government agencies and banks manage supply chains. Exiger provides mission-critical enterprise software that delivers visib.

Monroe Capital Supports Growth of Exiger

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 acquisition of TouchMath by Leeds Equity Partners. Founded in 1975 and based in Colorado Springs, CO, TouchMath is a leading provider of multisensory math curriculum designed to help students with learning disabilities and those struggling with math concepts understand and master mathematics. TouchMath provides high-q.

Monroe Capital Supports Leeds Equity Partners' TouchMath

Monroe Capital's stock price has declined in the past three years, but the company remains fundamentally sound with strong end markets and a fully covered dividend. The company is well-positioned in the lower middle private credit market, which has seen growth due to tightening lending policies and increased demand from lower- and middle-market companies. Monroe Capital has improved its debt and liquidity position, has a strong portfolio credit quality, and is actively seeking attractive investment opportunities.

Monroe Capital: Significantly Undervalued With Double-Digit Yield

CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) today announced it has expanded its platform to the Middle East with the appointment of Waleed Noor as Managing Director and Head of Middle East Distribution. Monroe is in the process of opening an office in Abu Dhabi. Mr. Noor will be based in Abu Dhabi and be responsible for representing Monroe throughout the region. Prior to Monroe, Mr. Noor was a Managing Director, Head of Structured Solutions Sales (MEA Region) at Commerzbank AG, wher.

Monroe Capital Hires Waleed Noor as Head of Middle East and Plans to Open Abu Dhabi Office

Monroe Capital (MRCC) Q4 2023 Earnings Call Transcript

Monroe Capital (MRCC) came out with quarterly earnings of $0.26 per share, missing the Zacks Consensus Estimate of $0.28 per share. This compares to earnings of $0.25 per share a year ago.

Monroe Capital (MRCC) Q4 Earnings and Revenues Miss Estimates

CHICAGO, March 11, 2024 (GLOBE NEWSWIRE) -- Monroe Capital Corporation (Nasdaq: MRCC) (“Monroe”) today announced its financial results for the fourth quarter and full year ended December 31, 2023.

Monroe Capital Corporation BDC Announces Fourth Quarter and Full Year 2023 Results

CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”), on behalf of its investment funds, today announced it has acquired a strategic minority ownership interest in Second Avenue's operating company and has allocated approximately $250 million of additional capital to its investment platform through a mix of debt and equity capital. The $250 million is structured as a follow-on investment that is expected to be deployed across various opportunities in 2024. This is in addition to Monroe's pre.

Monroe Capital Funds Make Strategic Investment in Second Avenue

CHICAGO, March 05, 2024 (GLOBE NEWSWIRE) -- Monroe Capital Corporation (the “Company”) (NASDAQ: MRCC) announced today that its Board of Directors has declared a distribution of $0.25 per share for the first quarter of 2024, payable on March 29, 2024 to stockholders of record as of March 15, 2024. In October 2012, the Company adopted a dividend reinvestment plan that provides for reinvestment of distributions on behalf of its stockholders, unless a stockholder elects to receive cash prior to the record date. When the Company declares a cash distribution, stockholders who have not opted out of the dividend reinvestment plan prior to the record date will have their distribution automatically reinvested in additional shares of the Company's capital stock. The specific tax characteristics of the distribution will be reported to stockholders on Form 1099 after the end of the calendar year and in the Company's periodic report filed with the Securities and Exchange Commission.

Monroe Capital Corporation Announces First Quarter Distribution of $0.25 Per Share

CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) was selected as the recipient of two separate Private Debt Investor (“PDI”) awards, including the 2023 Lower Mid-Market Lender of the Year and CLO Manager of the Year (Americas). PDI is a private markets publication, tracking the institutions, the funds, and the transactions shaping the private debt markets. PDI is published by PEI, the only global B2B information group focused exclusively on private equity, private debt, private real esta.

Monroe Capital Selected as 2023 Lower Mid-Market Lender of the Year and CLO Manager of the Year by Private Debt Investor

CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) announced it acted as administrative agent and joint lead arranger on the funding of a senior credit facility to provide continued growth financing of Lanter Delivery Systems, an existing portfolio company of Equity Group Investments, the private investment firm founded by Sam Zell. Founded more than 40 years ago and based in St. Louis, Missouri, Lanter Delivery Systems is the country's recognized leader in overnight delivery of critical p.

Monroe Capital Supports Equity Group Investments' Lanter Delivery Systems

CHICAGO, Feb. 14, 2024 (GLOBE NEWSWIRE) -- Monroe Capital Corporation (the “Company”) (Nasdaq: MRCC) announced today that it will report its fourth quarter and full year 2023 financial results on Monday, March 11, 2024, after the close of the financial markets.

Monroe Capital Corporation Schedules Fourth Quarter and Full Year 2023 Earnings Release and Conference Call

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 growth and add-on acquisitions of Bridgeport and Newman Whitney (“Newman”) by InCompass™, an existing portfolio company of independent sponsor TJM Capital Partners. Based in Maple Grove, MN, InCompass designs and manufactures a broad variety of machine tools, abrasive grinding, and precision finishing machines and par.

Monroe Capital Supports TJM Capital Partners' InCompass™ Add-on Acquisitions

Monroe Capital is a small BDC and relatively unpopular one with a market cap of ~$150 million providing financing for companies in the US and Canada. Portfolio-wise the structure is quite conventional with ~80% located in first lien and a nice distribution among various sectors without any major focus into speculative areas. Yet, the fact that MRCC has one of the most indebted balance sheets and fully exhausted dividend coverage renders this investment overly speculative, even considering 14.4% yield.

Monroe Capital: 3 Reasons To Avoid This BDC

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 refinancing of Expedited Travel, an existing portfolio company of Carousel Capital Partners. Founded in 2007 and based in West Palm Beach, Florida, Expedited Travel is a leading provider of expedited travel document processing services, including passport renewal and Visas. The company provides passport and Visa servi.

Monroe Capital Supports Carousel Capital Partners' Expedited Travel

CHICAGO, Dec. 01, 2023 (GLOBE NEWSWIRE) -- Monroe Capital Corporation (the “Company”) (NASDAQ: MRCC) announced today that its Board of Directors has declared a distribution of $0.25 per share for the fourth quarter of 2023, payable on December 29, 2023 to stockholders of record as of December 15, 2023. In October 2012, the Company adopted a dividend reinvestment plan that provides for reinvestment of distributions on behalf of its stockholders, unless a stockholder elects to receive cash prior to the record date. When the Company declares a cash distribution, stockholders who have not opted out of the dividend reinvestment plan prior to the record date will have their distribution automatically reinvested in additional shares of the Company's capital stock. The specific tax characteristics of the distribution will be reported to stockholders on Form 1099 after the end of the calendar year and in the Company's periodic report filed with the Securities and Exchange Commission.

Monroe Capital Corporation Announces Fourth Quarter Distribution of $0.25 Per Share

Monroe Capital trades at a 26% discount to its net asset value, with persistent NAV headwinds affecting total returns. Investment income is declining as the BDC currently pays out 100% of NII. Credit underwriting is stable, but payment-in-kind income is rising, and the dividend could be reduced once the Fed starts cutting interest rates.

Monroe Capital: Limit Your Exposure To This 14% Yield

CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) announced it acted as administrative agent and sole lead arranger on the funding of a senior credit facility and equity co-investment to support the acquisition of Silversand Services (“Silversand”) and SLI Landscape (“SLI”) by private equity sponsor Lincoln Road. Silversand and SLI will be combined with Lincoln Road's existing portfolio company, Zodega Landscaping (collectively, “Silversand Services” or the “Company”). The Company provide.

Monroe Capital Supports Lincoln Road's Acquisition of Silversand Services and SLI Landscape

Monroe Capital (NASDAQ:MRCC ) Q3 2023 Earnings Conference Call November 9, 2023 11:00 AM ET Company Participants Ted Koenig - Chairman & Chief Executive Officer Mick Solimene - Chief Financial Officer & Chief Investment Officer Alex Parmacek - Deputy Portfolio Manager Conference Call Participants Christopher Nolan - Ladenburg Thalmann Robert Dodd - Raymond James Operator Welcome to Monroe Capital Corporation's Third Quarter 2023 Earnings Conference Call. Before we begin, I would like to take the moment to remind our listeners that remarks made during this call today may contain certain forward statements -- forward-looking statements, including statements regarding our goals, strategies, beliefs, future financial operating results and cash flows.

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