Monroe Capital

Monroe Capital Corp. is an externally managed, closed-end, non-diversified management investment company, which engages in the provision of financial solutions. It offers customized financing solutions focused primarily on senior, unitranche and junior secured debt and, to a lesser extent, unsecured subordinated debt and equity, including equity co-investments in preferred and common stock and warrants. The company was founded on February 9, 2011 and is headquartered in Chicago, IL.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Monroe Capital maintains dividend coverage amid market challenges and growth opportunities

Monroe Capital's Q1 2024 performance remained steady, covering dividends and showcasing resilience despite challenges in market conditions and leverage increase.
The company's strengths in providing flexible capital solutions and managing portfolios effectively position it well to navigate competitive credit markets and capitalize on growth opportunities.

Monroe Capital reports mixed Q3 results, secures $1B seed capital

Monroe Capital's Q3 performance reflects a mix of positive income generation and operational challenges.
The company's strengths lie in securing new seed capital, maintaining a diversified investment portfolio, and aligning with market trends.
Challenges include managing expenses, optimizing operational efficiency, and balancing income with costs.
Opportunities for growth stem from strategic transactions, increasing middle-market loan volumes, and leveraging new capital for expansion.

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Monroe Capital Corporation (MRCC) CEO Ted Koenig on Q4 2020 Results - Earnings Call Transcript

CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC ("Monroe" or the "Firm"), a leading middle market private credit investment manager with approximately $10 billion in assets under management, today announced that it has sold a passive minority equity stake to Bonaccord Capital Partners (“Bonaccord”), a division of Aberdeen Standard Investments (“ASI”). Terms of the investment were not disclosed. Bonaccord's investment will provide Monroe with additional resources to pursue strategic initiatives, as

Monroe Capital Announces Strategic Minority Investment by Bonaccord Capital Partners / Aberdeen Standard Investments

Monroe Capital (MRCC) delivered earnings and revenue surprises of 4.17% and -1.38%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

Monroe Capital (MRCC) Surpasses Q4 Earnings Estimates

Shares of Monroe Capital (NASDAQ:MRCC) were flat after the company reported Q4 results. Quarterly Results Earnings per share decreased 32.43% year over year to $0.25, which beat the estimate of $0.24.

Monroe Capital: Q4 Earnings Insights

CHICAGO, March 02, 2021 (GLOBE NEWSWIRE) -- Monroe Capital Corporation (Nasdaq: MRCC) (“Monroe”) today announced its financial results for the fourth quarter and full year ended December 31, 2020. The Board of Directors of Monroe also declared its first quarter distribution of $0.25 per share, payable on March 31, 2021 to stockholders of record on March 16, 2021.

Monroe Capital Corporation BDC Announces Fourth Quarter And Full Year 2020 Results

CHICAGO--(BUSINESS WIRE)--MCAP Acquisition Corporation (“the Company” or “MCAP”), a special purpose acquisition company sponsored by an affiliate of Monroe Capital LLC, today announced the closing of its initial public offering of 31,625,000 units, which included the full exercise of the underwriter's over-allotment option. The offering was priced at $10.00 per unit, generating gross proceeds of $316,250,000. Each unit consists of one share of Class A common stock and one-third of one redeemabl

MCAP Acquisition Corporation Announces Closing of $316,250,000 Initial Public Offering

CHICAGO--(BUSINESS WIRE)--MCAP Acquisition Corporation (“the Company” or “MCAP”), a special purpose acquisition company sponsored by an affiliate of Monroe Capital LLC, today announced the pricing of its initial public offering of 27,500,000 units at a price of $10.00 per unit. Each unit consists of one share of Class A common stock and one-third of one redeemable warrant. Each whole warrant entitles the holder thereof to purchase one share of Class A common stock at a price of $11.50 per share

MCAP Acquisition Corporation Announces Pricing of Upsized $275 Million Initial Public Offering

CHICAGO, Feb. 12, 2021 (GLOBE NEWSWIRE) -- Monroe Capital Corporation (the “Company”) (NASDAQ: MRCC) announced today that it will report its fourth quarter and full year 2020 financial results on Tuesday, March 2, 2021, after the close of the financial markets.

Monroe Capital Corporation Schedules Fourth Quarter and Full Year 2020 Earnings Release and Conference Call

CHICAGO, Jan. 25, 2021 (GLOBE NEWSWIRE) -- Monroe Capital Corporation (the “Company”) (NASDAQ: MRCC) announced today that it has closed a public offering of $130 million aggregate principal amount of 4.75% notes due 2026 (the “Notes”).

Monroe Capital Corporation Closes Offering of $130 Million 4.75% Notes Due 2026

CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) today announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of The Equine Network by private equity sponsor Growth Catalyst Partners. Based in Albuquerque, NM, The Equine Network is the leading provider of proprietary sports content, information, and tech-enabled services in the U.S. equine industry. The Equine Network operates three segments: (i) Competition

Monroe Capital Supports Growth Catalyst Partners' Acquisition of The Equine Network

CHICAGO, Jan. 15, 2021 (GLOBE NEWSWIRE) -- Monroe Capital Corporation (the “Company”) (NASDAQ: MRCC) announced today that it priced a public offering of $130 million aggregate principal amount of 4.75% notes due 2026 (the “Notes”) on January 15, 2021. The Notes will mature on February 15, 2026, and may be redeemed in whole or in part at any time or from time to time at the Company's option at par plus a “make-whole” premium, if applicable. The Notes will bear interest at a rate of 4.75% per year payable semi-annually on February 15 and August 15 of each year, beginning August 15, 2021.

Monroe Capital Corporation Prices Offering of $130 Million 4.75% Notes Due 2026

Monroe Capital has seen sequential improvements to its NAV/share, and the new dividend rate is fully covered by NII. Its leverage is below management's target range, and it has an active deal pipeline.

11.6% Yield, Low Leverage, Why Monroe Capital May Be A Good Bet

CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) today announced it acted as administrative agent and joint lead arranger on the funding of a senior credit facility to support the acquisition of Specialized Packaging Group (“SPG”) by private equity sponsor Altamont Capital Partners. SPG is a vertically-integrated provider of protective packaging products and one of the largest independent manufacturers of protective packaging in North America. The Company operates under two divisions, IV

Monroe Capital Supports Altamont Capital Partners' Acquisition of Specialized Packaging Group

CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) today announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of Serán Bioscience, Inc. (“Serán”) by private equity sponsor Vivo Capital LLC. Founded in 2016 and located in Bend, Oregon, Serán is a leading contract development and manufacturing organization providing a comprehensive suite of development, analytical and clinical manufacturing services to pharmac

Monroe Capital Supports Vivo Capital LLC's Acquisition of Serán Bioscience, Inc.

CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC today announced it acted as administrative agent on the funding of a senior credit facility to support the acquisition of Confirm Solutions Limited (“Confirm”) by Dude Solutions, Inc. (“Dude Solutions”), an existing portfolio company of Clearlake Capital Group, L.P. Confirm software enables public sector organizations to deliver critical infrastructure services, maximize operational efficiencies and leverage internet of things ("IoT") technology to u

Monroe Capital Supports Dude Solutions, Inc.'s Add-on Acquisition of Confirm Solutions Limited

CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) today announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the investment in Relevate Health Group Inc. (“Relevate”) by private equity sponsor Mountaingate Capital and Relevate's strategic combination with Arteric. Based in Cincinnati, Ohio, Relevate is a data-driven marketing products and services communications firm. The company leverages a proprietary data analytics appr

Monroe Capital Supports Mountaingate Capital's Investment in Relevate Health Group Inc.

CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) today announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the majority investment in Identity Intelligence Group, LLC (“IDIQ”) by private equity sponsor Corsair Capital LLC. Founded in 2009, IDIQ is a tech-enabled leader in credit report and identity theft monitoring. IDIQ provides credit reporting, identity theft and dark web monitoring, identity restoration and related f

Monroe Capital Supports Corsair Capital LLC's Majority Investment in Identity Intelligence Group, LLC

CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) today announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the growth of 3Cloud, LLC (“3Cloud”), a portfolio company of Gryphon Investors. Founded in 2016 and headquartered in Downers Grove, Illinois, 3Cloud is a leading provider of strategic advisory and technical services for the Microsoft Azure cloud platform. The company provides "the ultimate Azure experience" by guidi

Monroe Capital Supports Gryphon Investors' Investment in 3Cloud, LLC

CHICAGO--(BUSINESS WIRE)--Monroe Capital (“Monroe”) today announced that it has provided approximately $450 million in direct financing support to over 20 women and minority-owned businesses. Ted Koenig, President & CEO of Monroe Capital, commented, “We wanted to make known our commitment to financing quality women and minority-owned or managed businesses. We have been consistent in our efforts to deploy capital to these businesses over the years. Not only is it the right thing to do from a

Monroe Capital - $450 Million Provided to Over 20 Women and Minority-Owned Businesses

Monroe Capital (MRCC) CEO Ted Koenig on Q3 2020 Results - Earnings Call Transcript

Monroe Capital (MRCC) delivered earnings and revenue surprises of -3.70% and 0.47%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

Monroe Capital (MRCC) Q3 Earnings Lag Estimates

Shares of Monroe Capital (NASDAQ:MRCC) rose 0.46% in after-market trading after the company reported Q3 results. Quarterly Results Earnings per share were down 22.86% over the past year to $0.27, which were in line with the estimate of $0.27.

Recap: Monroe Capital Q3 Earnings

CHICAGO, Nov. 04, 2020 (GLOBE NEWSWIRE) -- Monroe Capital Corporation (Nasdaq: MRCC) (“Monroe”) today announced its financial results for the third quarter ended September 30, 2020.

Monroe Capital Corporation BDC Announces Third Quarter 2020 Results

Proceeds from Rockdale Blackhawk's liquidation boosted MRCC revenue in Q2, while core revenue decreased, in line with industry averages. The conservative valuation process and the third-party asset assessments of MRCC's portfolio confirm the reliability of NAV.

Monroe Capital - Testing The Reliability Of NAV

CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) today announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility and equity co-investment to support the acquisition of MarkLogic Corporation (“MarkLogic”) by private equity sponsor Vector Capital. Based in San Carlos, California, MarkLogic is a leading provider of enterprise data integration and data management solutions. The company's technology simplifies the integration of enterprise da

News for Monroe Capital ETF (MRCC)