JCIII Associates / American Mortgage Consultants, Inc.
JCIII Associates / American Mortgage Consultants, Inc.
Monroe Capital LLC today announced it acted as sole lead arranger and administrative agent on a $27.5 million senior credit facility to American Mortgage Consultants, Inc. (“AMC”) to support the acquisition of JCIII & Associates. AMC is an existing portfolio company of a sponsored fund of Five Mile Capital Partners LLC.
Founded in 1996 and based in New York City and Tampa, AMC is a leading mortgage business process outsourcing firm that provides mortgage loan portfolio due diligence, risk management services, and other professional services to clients operating in the primary and secondary residential mortgage market. AMC’s solutions are customizable and catered towards clients including Wall Street, regional and community banks, credit unions, government agencies, public and private REITs, hedge funds, private equity funds, mortgage insurers, bond insurers, and leading law firms nationwide. The acquisition joins two of the mortgage industry’s largest and most respected due diligence and consulting firms. The combined firm will operate as AMC, now the largest transactional due diligence firm in the residential mortgage space.
About Monroe Capital
Monroe Capital LLC is a leading provider of senior and junior debt and equity co-investments to middle-market companies in the U.S. and Canada. Investment types include unitranche financings, cash flow and enterprise value based loans, asset based loans, acquisition facilities, mezzanine debt, second lien or last-out loans and equity co-investments. Monroe Capital prides itself on its flexible investment approach and its ability to close and fund transactions quickly. Monroe is committed to being a value-added and user-friendly partner to owners, senior management and private equity sponsors. Monroe has been recognized by Global M&A Network as the 2015, 2014, and 2013 Small Middle Markets Lender of the Year, Private Debt Investor as the 2014 Senior Lender of the Year and the 2013 Unitranche Lender of the Year and, the U.S. Small Business Administration as the 2015 Small Business Investment Company (SBIC) of the Year. To learn more about Monroe Capital LLC, visit www.monroecap.com.