FREE MEMBERSHIP Includes » ABL Advisor eNews + iData Blasts | JOIN NOW ABLAdvisor Gray ABLAdvisor Blue
Skip Navigation LinksHome / News / Read News


Monroe Capital Provides $14MM Facility to Tech Services Company

October 22, 2013, 07:28 AM
Filed Under: Technology

Monroe Capital announced the funding of a $14 million senior secured credit facility to help enable growth of a technology services company by private equity sponsors Olympic Valley Capital and Boathouse Capital.

The company provides IT support services to growing small-and medium sized businesses specializing in serving enterprises with 50 to 1,000 employees.

Brian Kreiner, managing partner of Olympic Valley Capital, said “Monroe Capital was able to structure a flexible senior credit facility to support the growth of our platform company. We very much appreciate Monroe’s technology expertise and their ability to understand the fundamentals of this industry.”

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.

Comments From Our Members

You must be an ABL Advisor member to post comments. Login or Join Now.