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Monroe Capital Provides $47MM Unitranche Loan to Luxury Optical Holdings

September 16, 2014, 07:44 AM
Filed Under: Retail

Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on a $47 million unitranche financing to support the acquisition of Robert Marc Eyewear by Luxury Optical Holdings (“LOH”). The acquisition is supported by private equity sponsors aPriori Capital and Goode Capital Partners.
 
Based in Las Vegas, Nevada, Luxury Optical Holdings is the leading retailer of luxury eyewear with specialty boutiques in key markets across the United States. LOH’s key retail concepts include Optica, Scene, Morgenthal Frederics, Devante and AuCourant. Robert Marc Eyewear currently has distribution in more than 20 countries with 500 points of sale worldwide, operates eight Robert Marc retail stores located in New York City, and is the exclusive North American distributor for Lunor, a prestigious German luxury eyewear brand. With the acquisition of Robert Marc, Luxury Optical Holdings will operate 58 retail stores throughout the United States and its brands will have distribution in more than 20 countries throughout the world. 
 
Monroe Capital LLC is a leading provider of senior and junior debt and equity co-investments to middle-market companies in the U.S. and Canada. Investment types include unitranche financings, cash flow and enterprise value based loans, acquisition facilities, mezzanine debt, second lien or last-out loans and equity co-investments. Monroe Capital prides itself on its flexible investment approach and its ability to close and fund transactions quickly.





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