Monroe Capital LLC announced on March 11, 2026 that it will arrange a senior credit facility to support IMMEC, LLC’s investment in Helton Electrical Services, LLC, a provider of utility overhead and underground electrical services headquartered in Sandersville, Georgia.
The facility will provide the debt financing needed for IMMEC to complete its purchase of Helton, which was finalized on February 4, 2026. The size of the credit facility was not disclosed in the announcement.
The announcement came from Monroe Capital LLC, the private credit investment firm, not from Monroe Capital Corporation (MRCC), the publicly traded business development company. MRCC is in the process of merging with Horizon Technology Finance Corporation and reported a net loss of $2.6 million in Q4 2025 and $5.1 million for the full year 2025.
The financing expands Monroe Capital LLC’s activity into the utility services sector, aligning with its focus on customized financing solutions for mid‑market companies. For CORE Industrial Partners, the deal strengthens IMMEC’s platform by adding Helton’s capabilities in commercial, industrial, and HVAC services.
While the deal does not directly affect MRCC’s stock, it signals continued activity by Monroe Capital LLC in arranging senior credit facilities for middle‑market companies and follows MRCC’s recent earnings release and pending merger, which have been a focus for investors.
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