Monroe Capital Provides $22 Million to Global Logistics Company
Chicago, IL, September 7, 2011
Monroe Capital LLC today announced the funding of a $22 million unitranche facility to a global logistics company. Monroe Capital’s facility was used to refinance existing debt and provide growth capital through an acquisition facility.
Based in Southern California, the company is a third party logistics business providing freight hauling services, warehouse storage space and related equipment from facilities located in California, Colorado, Utah, Idaho and Oregon. Customers include leading companies in the beverage, construction, corrugated materials, food and mining industries, among others.
About Monroe Capital
Monroe Capital is a private investment firm providing senior and junior debt and equity co-investments to middle-market companies in the U.S. and Canada. Investment types include unitranche financings, bridge loans, acquisition facilities, mezzanine debt, second lien or last-out loans, equity co-investments and acquisitions of distressed debt. 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, visit www.monroecap.com.