Monroe Capital Provides $14 Million Senior Secured Credit Facility to Technology Services Company
Chicago, IL, October 22, 2013
Monroe Capital LLC today announced the funding of a $14 million senior secured credit facility to help enable the growth of a technology services company by private equity sponsors, Olympic Valley Capital and Boathouse Capital.
The company provides IT support services to growing small and medium-sized businesses specializing in serving enterprises with 50 to 1,000 employees.
Brian Kreiner, Managing Partner of Olympic Valley Capital, said, “Monroe Capital was able to structure a flexible senior credit facility to support the growth of our platform company. We very much appreciate Monroe’s technology expertise and their ability to understand the fundamentals of this industry.”
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.