Monroe Capital Expands Credit Facility to Priority Ambulance, LLC
Chicago, IL, June 13, 2017
Monroe Capital LLC today announced an increase in the credit facility to Priority Ambulance, LLC (“Priority”) to support the acquisition of Puckett EMS. Priority is a portfolio company of Enhanced Equity Funds.
Based in Knoxville, Tennessee, Priority provides the highest level of clinical excellence in emergency and nonemergency medical transport to the communities it serves in Tennessee, Alabama, New York, Arizona, Indiana, Georgia and South Carolina. Throughout its national footprint, Priority operates approximately 400 emergency and nonemergency vehicles staffed by more than 1,600 licensed paramedics and EMTs. Priority’s state-of-the-art ambulances are equipped with the latest medical equipment and technology. Puckett EMS is one of the largest private ambulance operators in the state of Georgia, serving the West and Northwest Atlanta suburbs. The addition of Puckett EMS further expands the contiguous geographic footprint and aligns with Priority’s continued growth strategy.
About Monroe Capital
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, asset 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 Private Debt Investor as the 2016 Lower Mid-Market Lender of the Year; M&A Advisor as the 2016 Lender Firm of the Year; Global M&A Network as the 2016 Small Middle Markets Lender of the Year; and the U.S. Small Business Administration as the 2015 Small Business Investment Company (SBIC) of the Year. To learn more about Monroe Capital LLC, visit www.monroecap.com.