Monroe Capital acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the merger and future growth of ParkHub and JustPark by LLR Partners and FTV Capital.

Based in Dallas, TX, ParkHub is a leading provider of parking management software and payments solutions, including facilitating payments and delivering real-time business insights for parking operators and venue management companies across North America, serving some of the largest sports and entertainment venues, universities, municipalities and commercial asset holders. Based in the United Kingdom, JustPark is a leading app-based parking reservations technology and payments platform. The combination creates a full-service parking software and payments solution for customers across North America and the United Kingdom. Together, the combined company serves more than 20 million drivers and more than 500 B2B customers, representing $1 billion+ in booking volume.