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Press release content from Business Wire. The AP news staff was not involved in its creation.

Monroe Capital Supports Vivo Capital LLC’s Acquisition of Serán Bioscience, Inc.

January 8, 2021 GMT

CHICAGO--(BUSINESS WIRE)--Jan 8, 2021--

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 Serán Bioscience, Inc. (“Serán”) by private equity sponsor Vivo Capital LLC.

Founded in 2016 and located in Bend, Oregon, Serán is a leading contract development and manufacturing organization providing a comprehensive suite of development, analytical and clinical manufacturing services to pharmaceutical and biotechnology companies. Serán focuses on helping its customers solve complex drug development and manufacturing challenges.

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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 2018 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.

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View source version on businesswire.com:https://www.businesswire.com/news/home/20210108005280/en/

CONTACT: Theodore L. Koenig

Monroe Capital LLC

312-523-2360

tkoenig@monroecap.comCaroline Collins

BackBay Communications

617-963-0065

caroline.collins@backbaycommunications.com

KEYWORD: UNITED STATES NORTH AMERICA ILLINOIS

INDUSTRY KEYWORD: BIOTECHNOLOGY FINANCE CONSULTING HEALTH PROFESSIONAL SERVICES

SOURCE: Monroe Capital LLC

Copyright Business Wire 2021.

PUB: 01/08/2021 07:55 AM/DISC: 01/08/2021 07:55 AM

http://www.businesswire.com/news/home/20210108005280/en