Monroe Capital Supports the Acquisition of Mulligan Security by Protos Security
CHICAGO–(BUSINESS WIRE)–Monroe Capital LLC today announced an increase in its credit facility to support Protos Security’s (“Protos”) acquisition of Mulligan Security (“Mulligan”). Protos is an existing portfolio company of Southfield Capital.
Headquartered in New York, NY, Mulligan is a leading regional provider of security and fire safety professionals. The combined company primarily serves real estate, pharmacies, grocery, retail, professional and financial services end markets. The acquisition will accelerate the growth of Protos’ self-perform direct guard capabilities.
About Monroe Capital
Monroe Capital LLC (“Monroe”) is a premier boutique asset management firm specializing in private credit markets across various strategies, including direct lending, asset-based lending, specialty finance, opportunistic and structured credit, 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 maintains offices in Atlanta, Boston, Los Angeles, New York, and San Francisco.
Monroe has been recognized by both its peers and investors with various awards including Private Debt Investor as the 2020 Lower Mid-Market Lender of the Year, 2020 Lender of the Year, and 2020 CLO Manager of the Year, Americas; Creditflux as the 2020 Best U.S. Direct Lending Fund; Pension Bridge as the 2020 Private Credit Strategy of the Year; and Global M&A Network as the 2020 Small Middle Markets Lender of the Year. For more information, please visit www.monroecap.com.
Contacts
Theodore L. Koenig
Monroe Capital LLC
312-523-2360
tkoenig@monroecap.com
Caroline Collins
BackBay Communications
617-963-0065
caroline.collins@backbaycommunications.com