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Monroe Capital Supports Gryphon Investors’ Investment in 3Cloud, LLC

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Monroe Capital LLC has announced it acted as the sole lead arranger and administrative agent for a senior credit facility to 3Cloud, LLC, a Gryphon Investors portfolio company. Founded in 2016, 3Cloud specializes in providing strategic advisory and technical services for the Microsoft Azure platform, helping clients with cloud infrastructure, application modernization, data analytics, and DevOps solutions. Monroe Capital, based in Chicago, is recognized for its expertise in private credit asset management, serving borrowers in the U.S. and Canada since 2004.

Positive
  • Monroe Capital is supporting 3Cloud's growth through a senior credit facility.
  • 3Cloud offers comprehensive services for Microsoft Azure, positioning it well in the growing cloud market.
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 growth of 3Cloud, LLC (“3Cloud”), a portfolio company of Gryphon Investors.

Founded in 2016 and headquartered in Downers Grove, Illinois, 3Cloud is a leading provider of strategic advisory and technical services for the Microsoft Azure cloud platform. The company provides "the ultimate Azure experience" by guiding clients in their journey to adoption and modernization within the Microsoft Azure platform. The company's comprehensive offerings help customers optimize business outcomes within Microsoft Azure. Key service offerings include cloud infrastructure establishment, application modernization, data & analytics, DevOps solutions, and cloud managed services.

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 purpose of the senior credit facility announced by Monroe Capital for 3Cloud?

The senior credit facility is intended to support the growth of 3Cloud, LLC, a provider of services for the Microsoft Azure platform.

What services does 3Cloud provide?

3Cloud offers strategic advisory and technical services for Microsoft Azure, including cloud infrastructure, application modernization, and DevOps solutions.

Who is the lead arranger for 3Cloud's funding?

Monroe Capital LLC is the sole lead arranger and administrative agent for the funding.

When was 3Cloud founded?

3Cloud was founded in 2016 and is based in Downers Grove, Illinois.

What is Monroe Capital's specialization?

Monroe Capital specializes in private credit asset management and provides direct lending solutions to businesses.

Monroe Capital Corporation

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