Monroe Capital acted as administrative agent and joint lead arranger on the funding of a senior credit facility in support of refinancing of The Black Tux, Inc., an existing portfolio company of TZP Group and Stripes Group.
Founded in 2013, The Black Tux is a vertically integrated omni-channel provider of men’s formalwear. The company designs and manufactures contemporary suits and tuxedos for rent or for sale. In addition to the ecommerce platform, The Black Tux has over 30 showrooms across the U.S.