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Monroe Capital Supports TPG Growth’s Investment in CycleBar

October 16, 2017, 07:21 AM
Filed Under: Franchise Finance

Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support TPG Growth’s investment in CycleBar.
Founded in 2004 and franchising since 2014, CycleBar is the largest premium indoor cycling franchisor in the United States. CycleBar provides over half a million riders across the country with high-energy, indoor group cycling classes. The facilities are equipped with custom bikes, state-of-the-art lighting and sound systems, concierge-level services, and amenities to provide riders of all ages and fitness levels with a high-quality, immersive fitness experience

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