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Monroe Capital Supports MidOcean Partners' Acquisition of GSTV

1. Monroe Capital funds GSTV acquisition by MidOcean Partners, enhancing investment strategy. 2. This move suggests increased activity in middle-market private equity, impacting MRCC's market sentiment.

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FAQ

Why Bullish?

Monroe Capital's involvement indicates strong confidence in the acquisition, potentially lifting MRCC's market position. Historical acquisitions funded by Monroe have often led to positive market reactions.

How important is it?

The funding highlights Monroe Capital’s active role in key acquisitions, which can influence investor perception of MRCC's operational strength and future opportunities.

Why Short Term?

The immediate funding activity may boost investor confidence quickly although long-term effects depend on GSTV's performance and market conditions.

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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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