Press Releases

Monroe Capital Expands Credit Facility to TPC Training

Chicago, IL, April 23, 2019

Monroe Capital LLC today announced an increase in its credit facility to TPC Training (“TPC”) to support the acquisitions of National Environmental Trainers, Inc. (“NET”) and Intelivert. TPC is an existing portfolio company of Frontenac.

Based in Buffalo Grove, Illinois, TPC offers in-person and online technical, maintenance, and operator training solutions that enable businesses to develop a more efficient, capable and safe workforce. NET provides online environmental, health, and safety training courses to customers across the U.S., primarily focused on hazardous waste training. Intelivert is a leading workforce safety, compliance and risk management software provider. The addition of NET and Intelivert further expands the service offering and aligns with TPC’s continued growth strategy.

About Monroe Capital
Monroe Capital LLC (“Monroe”) is a private credit asset management firm specializing in direct lending and opportunistic private credit investing. Since 2004, the firm has provided private credit solutions to borrowers in the U.S. and Canada. Monroe’s middle market lending platform provides debt financing to businesses, special situation borrowers, and private equity sponsors. Investment types include cash flow, enterprise value and asset-based loans; unitranche financings; and equity co-investments. Monroe is committed to being a value-added and user-friendly partner to business owners, senior management, and private equity and independent sponsors. The firm is headquartered in Chicago and maintains offices in Atlanta, Boston, Los Angeles, New York, and San Francisco.

Monroe has been recognized by Creditflux as the 2018 Best US Direct Lending Fund; Private Debt Investor as the 2018 Lower Mid-Market Lender of the Year; Mergers & Acquisitions as the 2018 Lender of the Year; Global M&A Network as the 2018 Small Middle Markets Lender of the Year; M&A Advisor as the 2016 Lender Firm of the Year; and the U.S. Small Business Administration as the 2015 Small Business Investment Company (SBIC) of the Year. For more information, please visit www.monroecap.com.