Financial News
Monroe Capital Supports NationsBenefits’ Acquisition of DeliverLean
Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support NationsBenefits’ acquisition of DeliverLean by private equity sponsors General Atlantic, The Pritzker Organization, and Denali Capital LLC.
Based in Plantation, Florida, NationsBenefits is a leading provider of supplemental benefits, flex cards, and member engagement solutions for health plans. DeliverLean is one of the country’s largest food manufacturers specializing in health and wellness. This acquisition is part of the NationsBenefits’ strategic vision to expand its healthy foods benefit offering to meet the ever-growing needs of health plans with Medicare Advantage (MA) and Part D Plans.
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, Miami, Naples, New York, San Francisco, and Seoul.
Monroe has been recognized by both its peers and investors with various awards including Global M&A Network as the 2022 Small Mid-Markets Lender of the Year, Americas; Private Debt Investor as the 2021 Senior Lender of the Year, 2021 Lower Mid-Market Lender of the Year, Americas; Creditflux as the 2021 Best U.S. Direct Lending Fund; and Pension Bridge as the 2020 Private Credit Strategy of the Year. For more information, please visit www.monroecap.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20221020005382/en/
Contacts
For more information, please contact:
Theodore L. Koenig
Monroe Capital LLC
312-523-2360
tkoenig@monroecap.com
Margaret Chase
BackBay Communications
617-391-0790 ext. 123
Margaret.chase@backbaycommunications.com
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