Monroe Capital acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the purchase of minority ownership in GSTV, an existing portfolio company of Rockbridge Growth Equity.
GSTV is a data-driven, national video network delivering content, programming, and advertising to targeted audiences to over 28,000 fuel retailers, reaching one in three American adults monthly. While offering consumers entertaining and informative content, GSTV drives measurable incremental sales for its advertising customers in retail, service, consumer goods and other sectors.