Monroe Capital Supports QHP Capital’s Acquisition of AutoCruitment

Monroe Capital Supports QHP Capital’s Acquisition of AutoCruitment




Monroe Capital Supports QHP Capital’s Acquisition of AutoCruitment

CHICAGO–(BUSINESS WIRE)–Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of AutoCruitment, LLC (“AutoCruitment”) by QHP Capital L.P., the management company for NovaQuest Private Equity.

Founded in 2013 and based in Atlanta, GA, AutoCruitment is a leader in digital patient recruitment. The company has helped pharma companies, biotechs, and clinical research organizations (“CROs”) in identifying, screening and recruiting patients to participate in clinical research across a wide range of therapeutic areas.

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. For more information, please visit www.monroecap.com.

Contacts

For more information, please contact:
Zia Uddin

Monroe Capital LLC

312-523-2374

zuddin@monroecap.com

Margaret Chase

BackBay Communications

617-391-0790 ext. 123

Margaret.chase@backbaycommunications.com