Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a $35 million senior credit facility to support the recapitalization of Trident University International by a Northeast-based private equity sponsor. 
 
Based in Cypress, California, Trident University International is a leading regionally accredited online provider of post-secondary educational degree programs. The university was founded in 1998 and serves over 12,000 students in all 50 states, U.S. territories, and 67 other countries through a wide variety of Doctorate, Master’s, and Bachelor’s degree programs in Business, Health Sciences, Education, and Information Systems.

Monroe Capital LLC is a leading provider of senior and junior debt and equity co-investments to middle-market companies in the U.S. and Canada. Investment types include unitranche financings, cash flow and enterprise value based loans, acquisition facilities, mezzanine debt, second lien or last-out loans and equity co-investments. Monroe Capital prides itself on its flexible investment approach and its ability to close and fund transactions quickly. Monroe is committed to being a value-added and user-friendly partner to owners, senior management and private equity sponsors. Monroe has been recognized by Global M&A Network as the 2013 Small Mid Market Lender of the Year and by Private Debt Investor as the 2013 Unitranche Lender of the Year.