Monroe Capital acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the refinancing of Expedited Travel, an existing portfolio company of Carousel Capital Partners.
Founded in 2007 and based in West Palm Beach, Florida, Expedited Travel is a leading provider of expedited travel document processing services, including passport renewal and Visas. The company provides passport and Visa services for global travelers by leveraging its courier network across the U.S. and its in-house technology to mitigate potential submission rejections stemming from improper documentation. The company provides hand carry services and concierge services to its customers.