APCO
APCO
Monroe Capital LLC today announced it acted as sole lead arranger and administrative agent on the funding of a senior term loan to support APCO Worldwide’s (“APCO”) buyout of minority shareholders. This reaffirms APCO’s commitment to independence and innovation through the acquisition of new capital. The partnership will also provide potential for additional capital, which APCO can use for growth, acquisition, and continued innovation to meet the changing demands of the marketplace and better service clients.
Based in Washington, D.C., APCO is the world’s largest women and employee-owned global communication consultancy. The firm helps organizations adapt and thrive in this fast-moving, interconnected and complex world, enabling them to reach their business and societal goal through a variety of integrated tactics. Since inception in 1984, the company has grown from a small one-office firm to a diverse global consultancy servicing high-profile clients in more than 80 markets around the world.
“We are proud to have been selected by APCO as their term loan partner for this next phase of growth,” said Ted Koenig, the founder and CEO of Monroe Capital. “We are excited by the potential of what we believe is a premier firm that is truly making a difference for the clients they serve. We look forward to helping APCO identify growth opportunities, including potential acquisitions for the future. It is especially gratifying to support a successful business that is majority women-owned, which is one of our priority areas for investment capital.”
About Monroe Capital
Monroe Capital LLC (“Monroe”) is a middle market direct lending and private credit asset management firm. Since 2004, the firm has provided private credit solutions to corporate borrowers in the U.S. and Canada. Monroe’s award-winning middle market lending platform helps provide senior and junior debt financing to middle market businesses and private equity sponsors. Investment types include unitranche financings; cash flow, asset based and enterprise value based loans; and equity co-investments. Monroe is committed to being a value-added and user-friendly partner to business owners, senior management and private equity sponsors. The firm is headquartered in Chicago and maintains offices in Atlanta, Boston, Dallas, Los Angeles, New York, San Francisco and Toronto.