Capital Solutions Closes $51 Million Financing for Monitor Group
December 20, 2011 – The Capital Solutions Group (“Capital Solutions”) announces the closing of a $51 million subordinated debt financing for Monitor Group (“Monitor”), a leading global management consulting firm. Capital Solutions acted as Monitor’s exclusive financial advisor for the financing, which was placed to a single investor. The proceeds of the loan were used to refinance a portion of Monitor’s existing debt and to provide growth capital.
“Monitor has an outstanding brand and a well-deserved reputation for being an innovator in management consulting; Capital Solutions was very pleased to have been selected by Monitor to advise the company on such a significant milestone in the company’s history,” commented Brad Stewart, Partner, who led the transaction for Capital Solutions. “Given the growth opportunities that Monitor has in front of it, this financing provides the company with the financial flexibility to pursue such opportunities.”
“We had numerous options for selecting a financial advisor to assist us with this important transaction, including larger Wall Street investment banks, but engaged Capital Solutions for their debt advisory expertise in the middle market and substantial investor contacts in that segment of the market,” stated Dan Lasman, CFO of Monitor. “They thoughtfully advised us every step of the way through closing, worked seamlessly with me and our management team, and delivered on everything they said they were going to do throughout the process… in essence, they delivered to us the same high-quality service, partner-level attention, and market expertise that we demand of ourselves as a professional services firm.”
Mr. Stewart added, “the Monitor transaction concluded a very successful 2011 for Capital Solutions with over $100 million in debt capital raised for our clients, which ran the spectrum of facility types, including senior asset-based, cash-flow unitranche, and subordinated debt. We look forward to executing for our clients in 2012 and we will shortly announce an expansion of the firm to further enhance our growth. In the meantime, we wish you and your family a joyful holiday season and happy new year.”
About The Capital Solutions Group: We provide creative financial advisory services to closely-held Companies, Private Equity firms, and Lenders in the Middle Market. Our services include: Debt and Equity Private Placements, Recapitalizations, Financial Restructurings, and selected M&A assignments. For a detailed overview of our firm and services, see our website at: www.TheCapitalSolutions.com.
About Monitor Group: Based in Cambridge, Massachusetts, Monitor is a leading global management consulting firm focused on helping clients win by seizing new opportunities, overcoming difficult challenges, and transforming their organizations. Monitor employs a highly talented group of over 1,000 consultants located around the world, providing a wide variety of high impact, expert consulting services. Founded in 1983, Monitor has a proven track record of significantly improving the revenue growth and profitability of its clients. For a detailed overview of Monitor and its services, see its website at: www.Monitor.com.Back to Top