Monroe Capital Supports Golden Bear Partners’ Investment in CST Academy
Monroe Capital Supports Golden Bear Partners’ Investment in CST Academy
CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) announced it led the debt financing and made an equity co-investment to support the majority recapitalization of CST Academy (“CSTA”) by Golden Bear Partners.
CST Academy is a leading provider of pediatric therapy services for children with Autism Spectrum Disorder and other developmental needs. CSTA’s multidisciplinary approach includes Applied Behavior Analysis (ABA), speech therapy, occupational therapy and a therapeutic preschool, bringing together a team of specialists in each discipline to tailor treatment programs to each individual child.
“We are excited to partner with Monroe Capital on this investment. Their ability to provide flexible debt and equity capital, and their experience working with independent sponsors made us confident they were the right partner for us and CSTA,” commented Michael Fisher, Founder of Golden Bear Partners. “This partnership will support CSTA’s mission of delivering exceptional clinical care to children and their families, and will enable the company to thoughtfully expand its reach to serve more families in Chicagoland and beyond.”
This transaction is representative of Monroe’s focus on its independent sponsor vertical. Monroe’s Independent Sponsor group specializes in delivering flexible, “one-stop” capital solutions—including both debt and equity co-investments—for acquisitions, mergers, growth initiatives, recapitalizations, and business combinations.
About Monroe Capital
Monroe Capital LLC (“Monroe”) is a premier asset management firm specializing in private credit markets across various strategies, including direct lending, technology finance, venture debt, alternative credit solutions, 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 has 12 locations throughout the United States, Middle East, Asia and Australia.
For more information and important disclaimers, please visit www.monroecap.com.
Contacts
For more information, please contact:
Zia Uddin
Monroe Capital LLC
312-523-2374
zuddin@monroecap.com
Daniel Abramson
Gregory FCA
857-305-8441
dabramson@gregoryfca.com
