Monroe Capital Expands Credit Facility to Data Physics Corporation
Chicago, IL, February 4, 2015
Monroe Capital LLC today announced an increase in the credit facility to Data Physics Corporation to support the addition of Lansmont Corporation and Team Corporation. Both companies will join Data Physics, a portfolio company of Battery Ventures, as independent operating companies.
Based in San Jose, California, Data Physics Corporation designs and manufactures test and measurement equipment and software for acoustic testing, machinery diagnostics, shock and drop testing, structural vibration testing, and shaker testing applications. Based in Monterey, California, Lansmont Corporation is a maker of products for measuring real-world dynamics and simulating them in laboratory environments while Team, a Lansmont subsidiary located in Burlington, Washington, is a provider of high performance test and measurement solutions for noise and vibration applications. Together, these companies create a leading and comprehensive platform of vibration-testing equipment with global reach.
About Monroe Capital
Monroe Capital LLC is a leading provider of senior and junior debt and equity co-investments to middle-market companies in the U.S. and Canada. Investment types include unitranche financings, cash flow and enterprise value based loans, acquisition facilities, mezzanine debt, second lien or last-out loans and equity co-investments. Monroe Capital prides itself on its flexible investment approach and its ability to close and fund transactions quickly. Monroe is committed to being a value-added and user-friendly partner to owners, senior management and private equity sponsors. Monroe has been recognized by Global M&A Network as the 2013 and 2014 Small Mid Market Lender of the Year and by Private Debt Investor as the 2013 Unitranche Lender of the Year. To learn more about Monroe Capital LLC, visit www.monroecap.com.