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Monroe Capital Provides $17MM Credit Facility to Landpoint

December 23, 2013, 07:01 AM
Filed Under: Energy Services

Monroe Capital LLC announced the funding of a $17 million senior secured credit facility to support the merger of Landpoint, LLC, West Company of Midland LLC, and King Surveyors, LLC.
Based in Bossier City, Louisiana, Landpoint, LLC is one of the largest registered professional land surveying companies servicing the oil and gas industry throughout the Southern United States and Colorado. Landpoint is positioned for future growth as they continue to expand into other shale regions throughout the U.S.
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.

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