Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a $21 million senior credit facility to support the acquisition of RedZone Robotics, Inc., led by private equity sponsor, Milestone Partners.
 
Based in Pittsburgh, Pennsylvania, RedZone is a technology-enabled solutions business that uses proprietary robots and software tools to provide inspection, data collection, and asset management services primarily for wastewater pipeline systems. RedZone’s products and services enable data-driven maintenance and capital expenditure decisions that maximize return on investment and avoid costly and dangerous system failures. The company’s end-to-end solutions include robotic hardware platforms, inspection services, data processing and hosting, and reporting and asset management software.