Monroe Capital Supports Century Gaming Technologies’ Acquisition of Grand Vision Gaming
Chicago, IL, June 1, 2017
Monroe Capital LLC today announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support Century Gaming Technologies’(“Century”) acquisition of Grand Vision Gaming (“GVG”).
Based in Billings, Montana, Century is a distributed gaming operator with the largest gaming route in Montana and the second largest in Nevada. GVG is a leading software developer and manufacturer of gaming devices, with over 6,000 video gaming machines installed in Montana, South Dakota, Louisiana and West Virginia. The acquisition allows Century the ability to offer custom and proprietary game content for video gaming machines to current and new distributed gaming route customers from one united establishment.
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 Private Debt Investor as the 2016 Lower Mid-Market Lender of the Year; M&A Advisor as the 2016 Lender Firm of the Year; Global M&A Network as the 2016 Small Middle Markets 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.