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Monroe Capital Provides $35MM Unitranche Credit Facility to SNI Companies

April 02, 2014, 07:41 AM
Filed Under: Staffing Services

Monroe Capital LLC 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.

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.

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