Market Overview

Monroe Capital Independent Sponsor Vertical Supports Level Capital Partners' Recapitalization of S&S HealthCare Strategies, Ltd.


Monroe Capital LLC today announced it acted as sole lead arranger and
administrative agent on the funding of a $32.7 million credit facility
and equity co-investment to support the recapitalization of S&S
HealthCare Strategies, Ltd. ("S&S") by private equity sponsor, Level
Capital Partners.

Based in Cincinnati, Ohio, S&S is a Third Party Administrator ("TPA")
specializing in a full service health care delivery system. S&S provides
a suite of services including claims adjudication and network management
directly to middle-market employers as well as providing these services
on an outsourced basis to other TPAs.

This transaction is representative of Monroe Capital's focus on its
independent sponsor vertical. The independent sponsor finance vertical
focuses on providing comprehensive "one-stop" solutions for independent
sponsors seeking financing for acquisitions, mergers, business
combinations and recapitalizations.

About Monroe Capital

Monroe Capital LLC ("Monroe") is a private credit asset management firm
specializing in direct lending and opportunistic private credit
investing. Since 2004, the firm has provided private credit solutions to
borrowers in the U.S. and Canada. Monroe's middle market lending
platform provides senior and junior debt financing to businesses,
special situation borrowers, and private equity sponsors. Investment
types include unitranche financings; cash flow, asset based and
enterprise value based loans; and equity co-investments. Monroe is
committed to being a value-added and user-friendly partner to business
owners, senior management, and private equity and independent sponsors.
The firm is headquartered in Chicago and maintains offices in Atlanta,
Boston, Dallas, Los Angeles, New York, and San Francisco.

Monroe has been recognized by Creditflux as the 2018 Best U.S. Direct
Lending Fund; Private Debt Investor as the 2017 Lower Mid-Market Lender
of the Year; Global M&A Network as the 2017 Small Middle Markets Lender
of the Year; M&A Advisor as the 2016 Lender Firm of the Year; and the
U.S. Small Business Administration as the 2015 Small Business Investment
Company (SBIC) of the Year. For more information, please visit

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