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Monroe Capital Supports Apax Partners’ Acquisition of MyCase

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Monroe Capital LLC has acted as the sole lead arranger and administrative agent for a senior credit facility supporting Apax Partners' acquisition of MyCase, Inc. MyCase is a cloud-based legal practice management software designed for efficiency and exceptional client experiences. It offers features like Lead Management, Billing, and robust Reporting. Monroe Capital specializes in private credit and has a history of providing financing solutions across diverse sectors since 2004. This acquisition enhances Monroe's lending portfolio in the growing legal tech market.

Positive
  • Monroe Capital acted as sole lead arranger and administrative agent for the funding.
  • Acquisition of MyCase strengthens Monroe's presence in the legal tech sector.
  • MyCase's cloud-based features align with market demand for efficiency.
Negative
  • None.

CHICAGO--()--Monroe Capital LLC (“Monroe”) today announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of MyCase, Inc. by private equity sponsor Apax Partners.

MyCase is a leading cloud-based legal practice management software designed to help firms run efficiently from anywhere, provide an exceptional client experience, and easily track firm performance so that firms can reach their business goals. MyCase covers the entire client lifecycle with Lead Management, Case Management, Billing and Invoicing, and robust Reporting. It includes market leading features such as integrated MyCase Payments, 2-way text messaging, and the MyCase Client Portal to centralize client communication and share files securely.

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 debt financing to businesses, special situation borrowers, and private equity sponsors. Investment types include cash flow, enterprise value and asset-based loans; unitranche financings; 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, Los Angeles, New York, and San Francisco.

Monroe has been recognized by Creditflux as the 2020 Best U.S. Direct Lending Fund; Pension Bridge as the 2020 Private Credit Strategy of the Year; Global M&A Network as the 2020 Small Middle Markets Lender of the Year; Private Debt Investor as the 2017 Lower Mid-Market 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 www.monroecap.com.

Contacts

Theodore L. Koenig
Monroe Capital LLC
312-523-2360
tkoenig@monroecap.com

Caroline Collins
BackBay Communications
617-963-0065
caroline.collins@backbaycommunications.com

FAQ

What is the acquisition of MyCase, Inc. by Apax Partners?

Apax Partners has acquired MyCase, Inc., a cloud-based legal practice management software provider, with funding facilitated by Monroe Capital.

How did Monroe Capital support Apax Partners in acquiring MyCase?

Monroe Capital acted as the sole lead arranger and administrative agent for the senior credit facility to support the acquisition.

What are the key features of MyCase software?

MyCase offers features like Lead Management, Case Management, Billing, and robust Reporting, enabling legal firms to improve efficiency and client communication.

What does Monroe Capital specialize in?

Monroe Capital specializes in private credit asset management, providing financing solutions to middle-market businesses and private equity sponsors.

Why is the acquisition of MyCase significant?

The acquisition enhances Monroe Capital's portfolio in the growing legal technology market, aligning with trends in cloud-based solutions.

Monroe Capital Corporation

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