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New Deal


Announced

Completed

Monroe Capital completed the $250m investment in Second Avenue.

Financials

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Transaction Value£194m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Domestic

Minority

Private Equity

Private

Completed

Single Bidder

Friendly

United States

Venture Capital

venture capital

Acquisition

Synopsis

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Monroe Capital, a premier boutique asset management firm, completed the $250m investment in Second Avenue, a Seattle-based provider of management, strategy, and capital for early stage companies. "We have been extremely impressed with Mike Rothman, who has decades of experience building and leading companies, and his ability to attract a seasoned management team and utilize technology to enable growth at scale. We believe Monroe’s long-term investment can strategically enhance Second Avenue as one of the largest and more importantly efficiently managed SFR platforms in North America," Ted Koenig, Monroe Chairman and CEO.

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