Le Lézard
Classified in: Health, Science and technology
Subjects: Merger/Acquisition, Funding

Monroe Capital Supports Susquehanna Private Capital's Acquisition of Spherix Global Insights


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 Spherix Global Insights ("Spherix" or "The Company") by private equity sponsor Susquehanna Private Capital. Additionally, Monroe provided equity capital to support the transaction and future growth of the Company.

Founded in 2015 and headquartered in Exton, PA, Spherix provides pharmaceutical market insights and intelligence through its proprietary network of over 3,000 active specialty providers and their patients. Spherix boasts a broad client base of pharmaceutical companies ranging from large cap biopharma to small cap biotech and provides them with products that track the full therapeutic lifecycle, from Phase II clinical trials through to patent expiry for in-market therapeutics. Hyper focused on providing clients with relevant, actionable market insights, Spherix delivers a comprehensive suite of offerings across specialties and indications.

About Monroe Capital

Monroe Capital LLC ("Monroe") is a premier boutique asset management firm specializing in private credit markets across various strategies, including direct lending, asset-based lending, specialty finance, opportunistic and structured credit, and equity. Since 2004, the firm has been successfully providing capital solutions to clients in the U.S. and Canada. Monroe prides itself on being a value-added and user-friendly partner to business owners, management, and both private equity and independent sponsors. Monroe's platform offers a wide variety of investment products for both institutional and high net worth investors with a focus on generating high quality "alpha" returns irrespective of business or economic cycles. The firm is headquartered in Chicago and maintains offices in Atlanta, Boston, Los Angeles, Naples, New York, San Francisco, and Seoul.

Monroe has been recognized by both its peers and investors with various awards including Creditflux as the 2021 Best U.S. Direct Lending Fund; Global M&A Network as the 2021 Mid-Markets Lender of the Year, U.S.A.; Private Debt Investor as the 2020 Lower Mid-Market Lender of the Year, 2020 Lender of the Year, and 2020 CLO Manager of the Year, Americas; and Pension Bridge as the 2020 Private Credit Strategy of the Year. For more information, please visit www.monroecap.com.


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