Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a senior term loan to support APCO Worldwide’s (APCO) buyout of minority shareholders. This reaffirms APCO’s commitment to independence and innovation through the acquisition of new capital. The partnership will also provide potential for additional capital, which APCO can use for growth, acquisition, and continued innovation to meet the changing demands of the marketplace and better service clients.
Based in Washington, D.C., APCO is the world’s largest women and employee-owned global communication consultancy. The firm helps organizations adapt and thrive in this fast-moving, interconnected and complex world, enabling them to reach their business and societal goal through a variety of integrated tactics. Since inception in 1984, the company has grown from a small one-office firm to a diverse global consultancy servicing high-profile clients in more than 80 markets around the world.
“We are proud to have been selected by APCO as their term loan partner for this next phase of growth,” said Ted Koenig, the founder and CEO of Monroe Capital. “We are excited by the potential of what we believe is a premier firm that is truly making a difference for the clients they serve. We look forward to helping APCO identify growth opportunities, including potential acquisitions for the future. It is especially gratifying to support a successful business that is majority women-owned, which is one of our priority areas for investment capital.”