Horizon Technology Finance to merge with Monroe Capital Corporation.

Horizon Technology Finance, a specialty finance company, agreed to merge with Monroe Capital Corporation, a publicly-traded specialty finance company. Financial terms were not disclosed. “This transaction provides HRZN with significant incremental leverageable capital, and a larger shareholder base to execute on its strategy of being a leading lender in providing both venture debt and also growth capital in the public small cap company space. We are confident that the enhanced earnings power and expanded investing opportunity set will translate into stronger long-term total returns for our shareholders,” Michael P. Balkin, Horizon Technology Finance Chief Executive Officer.