Monroe Capital Corporation has announced a change in its independent registered public accounting firm. On June 3, 2025, the company's Audit Committee dismissed KPMG LLP, which had served as the auditor for the fiscal year ending December 31, 2024. This decision followed an acquisition by an affiliate of Wendel SE, which acquired 75% of the equity interest of certain affiliates of Monroe Capital LLC, including the company's investment adviser. During KPMG's tenure, the firm had no disagreements with Monroe Capital on accounting principles or practices. Following the dismissal, the Audit Committee appointed Grant Thornton LLP as the new independent registered public accounting firm to audit the company's financial statements for the fiscal year ending December 31, 2025. Monroe Capital had not previously consulted with Grant Thornton on accounting matters before their appointment.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.