Monroe Capital Expands Credit Facility to OSG Billing Services
Chicago, IL, March 26, 2015
Monroe Capital LLC today announced an increase in the credit facility to OSG Billing Services (“OSG”) to support the acquisition of DoublePositive Marketing Group, Inc (“DoublePositive”).
Based in Baltimore, Maryland, DoublePositive is a performance-based online marketing company serving lead buyers, lead sellers, and direct response advertisers. OSG is a leading provider of outsourced billing and statement services and customer communication management. The acquisition will accelerate OSG’s growth in the management of full customer lifecycle marketing and communications while giving DoublePositive additional resources and opportunities to accelerate their ROI-based customer acquisition, digital marketing and advertising technologies and services.
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. To learn more about Monroe Capital LLC, visit www.monroecap.com.