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Monroe Capital Provides Financing to Pure Barre

June 25, 2015, 07:26 AM
Filed Under: Fitness Clubs

Monroe Capital announced it acted as joint lead arranger and administrative agent on the funding of a senior credit facility to support the continued growth of Pure Barre, LLC by a blue chip private equity sponsor.

Pure Barre is the largest, most established barre concept in the nation with over 300 studios across the country and is an extremely effective total body workout. It is an intelligent exercise and utilizes the ballet barre to perform small isometric movements in order to create long, lean muscle without bulk. With a unique franchise business model, Pure Barre has created an opportunity for entrepreneurs with a passion for Pure Barre to pursue their dreams doing what they love.
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.

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