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Monroe Capital Supports MidOcean Partners' Acquisition of GSTV

1. Monroe Capital arranged funding for MidOcean Partners' acquisition of GSTV. 2. This acquisition may enhance Monroe's portfolio and financial standing.

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FAQ

Why Bullish?

Strengthening financial capabilities through acquisition financing can boost investor confidence, similar to past incidents where financing agreements led to stock appreciation in peers.

How important is it?

The funding arrangement underscores Monroe's active role in private equity, potentially influencing stock market perceptions and performance.

Why Short Term?

The immediate effects of this financing decision may result in short-term gains as investor sentiment responds positively to strategic growth initiatives.

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CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) announced it acted as administrative agent and joint lead arranger on the funding of a senior credit facility and equity co-investment to support the acquisition of GSTV by MidOcean Partners, a premier New York-based alternative asset manager specializing in middle-market private equity. Founded in 2005 and headquartered in Detroit, MI, GSTV is the national on-the-go video network engaging and entertaining targeted audiences at scale acros.

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