---
title: "Monroe Capital Supports Frontenac’s Recapitalization of Honk Technologies"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/282978654.md"
description: "Monroe Capital LLC has acted as the sole lead arranger and administrative agent for a senior credit facility to support Frontenac's recapitalization of Honk Technologies. Founded in 2014, Honk provides technology-enabled roadside assistance solutions and has made a strategic add-on acquisition to enhance its national platform. Monroe Capital specializes in private credit markets and has been recognized with multiple awards for its performance and innovative solutions in the industry."
datetime: "2026-04-16T10:10:31.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/282978654.md)
  - [en](https://longbridge.com/en/news/282978654.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/282978654.md)
---

# Monroe Capital Supports Frontenac’s Recapitalization of Honk Technologies

**Monroe Capital Supports Frontenac’s Recapitalization of Honk Technologies**

Monroe Capital LLC (“Monroe”) announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the recapitalization of Honk Technologies (“Honk”) by private equity sponsor Frontenac, as well as a strategic add-on acquisition.

Founded in 2014 and headquartered in Los Angeles, CA, Honk is a technology-enabled provider of roadside assistance solutions for insurance providers, OEMs, and fleet management companies. The company operates a national platform connecting motorists to a network of independent tow operators and light-duty service technicians, delivering a fully integrated customer interface and dispatch platform. Honk’s add-on acquisition creates a vertically integrated, national roadside assistance platform with broad service capabilities, attractive unit-level economics and operational efficiency.

**About Monroe Capital**

Monroe Capital LLC (“Monroe”) is a premier asset management firm specializing in private credit markets across various strategies, including direct lending, technology finance, venture debt, alternative credit solutions, structured credit, real estate and equity. Since 2004, the firm has been successfully providing capital solutions to clients in the U.S. and Canada. Monroe prides itself on being a value-added and user-friendly partner to business owners, management, and both private equity and independent sponsors. Monroe’s platform offers a wide variety of investment products for both institutional and high net worth investors with a focus on generating high quality “alpha” returns irrespective of business or economic cycles. The firm is headquartered in Chicago and has 12 locations throughout the United States, Middle East, Asia and Australia.

Monroe has been recognized by both its peers and investors with various awards including GrowthCap Advisory’s 2025 Top Private Credit Firm List; Inc.’s 2025 Founder-Friendly Investors List; DealCatalyst as the 2025 Most Innovative Private Credit CLO Manager of the Year; Private Debt Investor as the 2025 CLO Manager of the Year, Americas and 2023 Lower Mid-Market Lender of the Decade; Global M&A Network as the 2024 Lower Mid-Markets Lender of the Year, Americas; Korean Economic Daily as the 2022 Best Performance in Private Debt – Mid Cap; Creditflux as the 2021 Best U.S. Direct Lending Fund; and Pension Bridge as the 2020 Private Credit Strategy of the Year. For more information and important disclaimers, please visit www.monroecap.com.

**For more information, please contact:**

Zia Uddin  
Monroe Capital LLC  
312-523-2374  
zuddin@monroecap.com

Daniel Abramson  
Gregory  
857-305-8441  
dabramson@gregoryagency.com

View source version on businesswire.com: https://www.businesswire.com/news/home/20260416651402/en/

### Related Stocks

- [MRCC.US](https://longbridge.com/en/quote/MRCC.US.md)

## Related News & Research

- [ZenaTech Advances Three ZenaDrone Defense Platforms Through Blue UAS Certification Pathway | ZENA Stock News](https://longbridge.com/en/news/286910480.md)
- [Vital Farms Chief People Officer Reena Chauhan Van Hoven acquires USD 19,992 shares](https://longbridge.com/en/news/287272146.md)
- [Zenas BioPharma Insider Bought Shares Worth $1,012,800, According to a Recent SEC Filing](https://longbridge.com/en/news/286872009.md)
- [Here's Why We're Not At All Concerned With Renascience's (TSE:4889) Cash Burn Situation](https://longbridge.com/en/news/286861893.md)
- [MultiSensor AI to Present on Continuous Condition Intelligence at SupplyChainPoint 2026 | MSAI Stock News](https://longbridge.com/en/news/287222672.md)