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Horizon Technology ( (HRZN) ) has provided an announcement.
Monroe Capital LLC has announced a strategic partnership with Wendel Group, which includes a $1 billion investment to bolster Monroe’s US private credit platform. The deal, set to close in early 2025, will see Wendel acquire a 75% stake in Monroe while allowing Monroe to maintain its independent operations and governance. This partnership aims to expand Monroe’s growth initiatives and strengthen Wendel’s asset management capabilities, with potential participation from AXA IM Prime in the transaction.
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