Monroe Capital Supports Summit Professional Education’s Acquisition of Kids Bowel & Bladder
Monroe Capital Supports Summit Professional Education’s Acquisition of Kids Bowel & Bladder
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 Kids Bowel & Bladder (“KBB”) by Summit Professional Education (“Summit”), an existing portfolio company of Avathon Capital.
KBB is the nation's leading continuing education platform for physical and occupational therapists specializing in pediatric bowel and bladder health. KBB offers on-demand and live courses, a growing mini-lecture library, and a formal Certificate in Pediatric Pelvic Health, with continuing education approvals across more than a dozen states. Summit's acquisition brings KBB's full course library and certification program to significantly more clinicians and, through them, more children who need care.
This transaction is representative of Monroe’s ability to provide comprehensive “one-stop” solutions for private equity sponsors seeking debt and equity capital to finance their acquisitions and recapitalizations.
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 13 locations throughout the United States, Asia, Australia, Europe, and Middle East.
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
857-305-8441
dabramson@gregoryagency.com
