Monroe Capital Expands Credit Facility to OSG Billing Services
Chicago, IL, August 2, 2016
Monroe Capital LLC today announced an increase in the credit facility to OSG Billing Services (“OSG”) to support the acquisitions of ClickSpark, LLC (“ClickSpark”) and The Garfield Group, Inc. (“Garfield”).
Based in Rochester, New York, ClickSpark is a performance-based internet marketing company that specializes in lead generation and technology. Garfield, based outside of Philadelphia, Pennsylvania, provides marketing and advertising agency services including branding, marketing and public relations strategy and execution, with a particular emphasis on digital strategy. OSG is a leading provider of outsourced billing and statement services and customer communication management. The acquisition of ClickSpark and Garfield will further expand OSG’s digital marketing platform, branding, strategy and lead generation expertise. Each company will continue to be led by their current management teams who have made long-term contributions to the success of their respective companies.
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, asset 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 2015, 2014, and 2013 Small Middle Markets Lender of the Year; Private Debt Investor as the 2015 Lower Mid-Market Lender of the Year, the 2014 Senior Lender of the Year, and the 2013 Unitranche Lender of the Year; and the U.S. Small Business Administration as the 2015 Small Business Investment Company (SBIC) of the Year. To learn more about Monroe Capital LLC, visit www.monroecap.com.