SNI Companies grabs $35 mln from Monroe Capital

SNI Companies has received a $35 million unitranche credit facility from Monroe Capital. According to the company, the loan will be used to support refinancing and growth. Based in Des Moines, Iowa, SNI Company is a provider of professional staffing specializing in the accounting, finance, information technology, administrative and legal sectors.

PRESS RELEASE

CHICAGO–(BUSINESS WIRE)–Monroe Capital LLC today announced the funding of a $35 million unitranche credit facility to support the refinancing and growth of SNI Companies, Inc.
Based in Des Moines, Iowa, SNI Companies is an award-winning provider of professional staffing in the accounting and finance, information technology, administrative, and legal fields. SNI operates under the brand names of Accounting Now, SNI Financial, SNI Technology, Staffing Now, and SNI Legal in over 35 major cities nationwide.
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, 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, visit www.monroecap.com.

 

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