Monroe Capital supports Trive Capital’s recapitalization of Oscar W. Larson

CHICAGO–(BUSINESS WIRE)–Monroe Capital LLC (“Monroe”) announced today that it has acted as lead arranger and sole administrative agent for the financing of a senior credit facility to support the recapitalization of Oscar W. Larson Company ( “Oscar Larson”) by private equity sponsor Trive Capitale.

Founded in 1946 and based in Clarkston, Michigan, Oscar Larson is a leading end-to-end equipment distributor and provider of installation, test, inspection, maintenance and repair services for fuel infrastructure and other Midwest customers.

About Monroe Capital

Monroe Capital LLC (“Monroe”) is a leading asset management company specializing in the private credit markets through various strategies, including direct lending, asset-based lending, specialty finance, opportunistic credit and structured and equity. Since 2004, the company has successfully provided capital solutions to clients in the United States and Canada. Monroe prides itself on being a value-added, friendly partner for business owners, management, and private and independent sponsors. Monroe’s platform offers a wide variety of investment products for institutional and high net worth investors with a focus on generating high quality ‘alpha’ returns regardless of business or economic cycles. The company is headquartered in Chicago and has offices in Atlanta, Boston, Los Angeles, New York and San Francisco.

Monroe has been recognized by peers and investors with various awards, including Private Debt Investor as 2020 Lower Middle Market Lender of the Year, 2020 Lender of the Year, and 2020 CLO Manager of the Year, Americas; Creditflux as Best US Direct Lending Fund 2020; Pension Bridge as Private Credit Strategy of the Year 2020; and Global M&A Network as 2020 Small Midmarket Lender of the Year. For more information, please visit

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