Tentt

Monroe Capital Arranges Credit for Frontenac Honk Recap

Announced
TechnologyCaliforniaRecapitalisation

Deal Overview

Monroe Capital LLC acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support Frontenac’s recapitalization of Honk Technologies. The recap also includes a strategic add-on acquisition.

Honk, founded in 2014 and headquartered in Los Angeles, provides technology-enabled roadside assistance solutions for insurance providers, OEMs, and fleet management companies. Its national platform connects motorists to independent tow operators and light-duty service technicians through a customer interface and dispatch platform.

Key Details

Transaction
Frontenac acquires Honk Technologies
Deal Size
Under $10M

Source

Read full article on sg.finance.yahoo.com

via GN - recapitalization PE · April 16, 2026

Powered by Tentt

Source technology deals in California for your firm

Tentt builds and operates managed deal origination services for PE firms, M&A advisors, and commercial lenders. We map the target universe, monitor signals, and execute outreach — white-labelled to your firm.

Book a 30-min intro call