Monroe Capital acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of The Equine Network by private equity sponsor Growth Catalyst Partners.
Based in Albuquerque, NM, The Equine Network is the leading provider of proprietary sports content, information, and tech-enabled services in the U.S. equine industry. The Equine Network operates three segments: (i) Competitions: owns, operates and serves as the governing body for three of the world’s largest and most renowned sporting competitions in the Western equine market; (ii) Memberships: provides roadside assistance services to over 40,000 horse trailer owners and members, as well as online learning services to thousands of subscribers; and (iii) Marketing Services: eight well-known equine industry information platforms, reaching over three million individuals and 600+ leading companies, who utilize these platforms as a valuable channel for marketing solutions.