
Amerisource Participated in a Common Equity Raise
Amerisource Participated in a Common Equity Raise
In June 2023, Amerisource participated in an equity co-investment in a common equity raise for Monarch Resource Partners LLC (“Monarch”). Monarch provides zero-emission natural gas contract compression services with its electric drive EcoFlex™ compressor fleet.
The Company’s EcoFlex™ fleet now serves several of the largest operators in the Permian and Eagleford Basins. Brett Schubert, President and CEO, stated, “Our EcoFlex™ fleet provides customers with numerous benefits including an ESG compression alternative that eliminates greenhouse gas (GHG) emissions of a traditional gas-drive compression package.”
Bill Herrington - EVP, Amerisource, added, “We were pleased to add the Monarch investment to our emerging private equity investment portfolio. The Monarch team has developed an innovative product that supports the critical natural gas industry in a cleaner, environmentally friendly process.” www.amerisource.us.com
About Amerisource Business Capital Amerisource is a leading independent direct lender and provider of capital to small and lower middle market businesses seeking senior debt and equity for growth capital, turnaround, or special situations. Founded in 1984, we’ve provided over $2 billion in financing to over 1,600 companies across the US and Canada. Our deep experience and expertise in complex situations allow us to deliver creative structures that maximize liquidity for our clients.