Monroe continues to pursue investments in women and minority-owned businesses and those businesses in underserved communities. We define “Underserved Companies” as the following:
- Conducts or may reasonably be expected to conduct a substantial part of its business operations in facilities located in areas that are of low or moderate income;
- Provides or may reasonably be expected to provide jobs for persons of low or moderate income;
- Owned or managed by women or ethnic minorities;
- Located in inner city or rural areas; and/or
- Provides or may be expected to provide goods or services to consumer groups that, in the judgment of the General Partner, are traditionally overlooked, such as ethnic minorities and women.
Monroe has a long history of investing in women and minority-owned businesses and those businesses in underserved communities:
- Since 2002, Monroe has invested approximately $380 million in 33 transactions in businesses located in this area of concentration.1
- Annual revenues for the investments made by Monroe in underserved companies totaled over $2.2 billion.
- Monroe investments represented businesses in over 11,000 employees in minority or underserved communities.
Please contact us if your company falls within the definitions we have listed so that we may assist you with your business needs.
1 As of 12/31/2014