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Monroe Capital Supports Gryphon Investors' Investment in phData, Inc.

1. Monroe Capital funded a senior credit facility for phData, aiding Gryphon Investors. 2. phData excels in data engineering, AI, and analytics since its 2014 inception. 3. Monroe Capital is recognized as a leading firm in private credit markets.

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Why Bullish?

Monroe's successful capital raising can attract more positive investments, influencing MRCC. Past funding successes often correlate with stock price increases.

How important is it?

The article highlights significant capital activity involving Monroe, which directly relates to MRCC's business. The success of financing can boost investor confidence in MRCC.

Why Short Term?

Immediate impact expected as new funding activities can improve MRCC's market perception. Quick gains visible in similar historical funding instances.

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CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the investment in phData, Inc. (“phData”) by Gryphon Investors. Founded in 2014 and based in Minneapolis, MN, phData is one of the largest pure-play data engineering companies globally, offering services including data engineering, AI and machine learning, analytics, and visualization to customers across the financial services, manufacturing, healthcare and life sciences, and retail and consumer packaged goods industries. phData is certified as a Snowflake Elite Services Partner and an AWS Advanced Consulting Partner. About Monroe Capital Monroe Capital LLC (including its subsidiaries and affiliates, together “Monroe”) is a premier asset management firm specializing in private credit markets across various strategies, including direct lending, technology finance, venture debt, alternative credit solutions, structured credit, real estate 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 10 offices throughout the United States and Asia. Monroe has been recognized by both its peers and investors with various awards including Inc.’s 2024 Founder-Friendly Investors List; Private Debt Investor as the 2023 Lower Mid-Market Lender of the Decade, 2023 Lower Mid-Market Lender of the Year, 2023 CLO Manager of the Year, Americas; Global M&A Network as the 2023 Lower Mid-Markets Lender of the Year, U.S.A.; DealCatalyst as the 2022 Best CLO Manager of the Year; Korean Economic Daily as the 2022 Best Performance in Private Debt – Mid Cap; Creditflux as the 2021 Best U.S. Direct Lending Fund; and Pension Bridge as the 2020 Private Credit Strategy of the Year. For more information and important disclaimers, please visit www.monroecap.com.

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