Monroe Capital acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support Dealer Services Network’s (“DSN”) acquisition of Express OMV. DSN is an existing portfolio company of Frontenac.
Based in South Florida, DSN is a technology-enabled provider of title and registration services for automotive retailers, rental car companies, consumers, and governmental agencies. The acquisition of Express OMV further strengthens DSN’s position in the private tag agency space and expands its network of tag agency locations to 18 locations across Louisiana.