Monroe Capital Provides $17 Million Senior Secured Credit Facility to Landpoint, LLC
Chicago, IL, December 23, 2013
Monroe Capital LLC today announced the funding of a $17 million senior secured credit facility to support the merger of Landpoint, LLC, West Company of Midland LLC, and King Surveyors, LLC.
Based in Bossier City, Louisiana, Landpoint, LLC is one of the largest registered professional land surveying companies servicing the oil and gas industry throughout the Southern United States and Colorado. Landpoint is positioned for future growth as they continue to expand into other shale regions throughout the U.S.
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.