Monroe Capital acted as sole lead arranger and administrative agent on the closing of a senior credit facility to support the growth of Archtop Fiber (“Archtop”) by Post Road Group.
Based in Kingston, New York, Archtop is a provider of multi-gig, 100%-fiber internet and phone service to residential and business customers across the Northeast. Since early 2024, Archtop has launched service in Kingston, Saugerties, Rhinebeck, Hudson, Warwick, and Woodstock, New York and Vernon, New Jersey. The company plans to continue serving underserved communities and further expand its cutting-edge service offerings and geographic footprint in the Northeast.
"The Archtop platform is a major catalyst for digital transformation on the East Coast. Monroe's Alternative Credit Solutions team is proud to complete another deal with Post Road Group and support the Archtop team," said Kyle Asher, Managing Director & Co-Head, Alternative Credit Solutions of Monroe.