Monroe Capital has provided a $45 million senior credit facility to an unidentified technology maintenance company. The capital infusion will be used to refinance the company’s existing debt facility and support its future growth. Based in the U.S., the company is a provider of maintenance services to financial institutions and retailers in North America.
Chicago, IL, February 6, 2018 – Monroe Capital LLC today announced it acted as sole lead arranger and administrative agent on the funding of a $45 million senior credit facility to refinance the existing debt facility and to support the future growth of a technology maintenance company.
The US-based company is a provider of maintenance services to financial institutions and retailers in North America. The company’s network consists of over 800 customer service engineers providing support and maintenance.
About Monroe Capital
Monroe Capital LLC (“Monroe”) is a private credit asset management firm specializing in direct lending and special situations investing. Since 2004, the firm has provided private credit solutions to borrowers in the U.S. and Canada. Monroe’s middle market lending platform provides senior and junior debt financing to businesses, special situation borrowers, and private equity sponsors. Investment types include unitranche financings; cash flow, asset based and enterprise value based loans; and equity co-investments. Monroe is committed to being a value-added and user-friendly partner to business owners, senior management, and private equity and independent sponsors. The firm is headquartered in Chicago and maintains offices in Atlanta, Boston, Dallas, Los Angeles, New York, and San Francisco. Monroe has been recognized by Global M&A Network as the 2017 Small Middle Markets Lender of the Year; Private Debt Investor as the 2016 Lower Mid-Market Lender of the Year; M&A Advisor as the 2016 Lender Firm of the Year; and the U.S. Small Business Administration as the 2015 Small Business Investment Company (SBIC) of the Year. For more information, please visit monroecap.com.