Monroe Capital 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 family protection services in the rapidly evolving $20 billion consumer identity monitoring market. Through its industry-leading IdentityIQ®, MyScoreIQ® and DataBreachIQ® brands, IDIQ helps protect consumers from the increasing threat of identity theft and fraud, particularly as consumers continue to shift their financial and retail habits to digital, as well as provides planning and response support for businesses in the event of a data breach.