Monroe Capital acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of Epika Fleet Services, Inc. (“Epika”) by an Ares Private Equity fund.
Founded in 2016 and headquartered in Nashville, TN, Epika is a national provider of mobile-focused essential maintenance and repair services to commercial fleets. Epika operates across nearly 40 states and serves over 2,000 fleet customers. The company’s mobile-first service offerings have over 550 skilled technicians performing regular inspections, preventative maintenance and repairs for fleet customers on the road every day. Epika also operates approximately 20 in-shop centers in the U.S., providing a hybrid offering for customers who require complex repairs or emergency services.