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Monroe Capital Expands Credit Facility to Intelius Holdings

August 20, 2015, 08:09 AM
Filed Under: Technology

Monroe Capital LLC announced an increase in the credit facility to Intelius Holdings, Inc. (“Intelius”) to support the acquisition of Classmates, Inc. (“Classmates”). Intelius is a portfolio company of H.I.G. Capital.

Based in Seattle, Washington, Classmates operates the leading online social network service in the United States for bringing high school alumni together. Classmates serves over 70 million members and enables its users to find and reconnect with high school friends. Intelius is a leading provider of on-demand information about individuals and predictive analytics that can help identify connections to other people, places and things.

The partnership of Classmates’ one-of-a-kind social network with Intelius’ proprietary people search technology platform will provide users of both services the ability to connect unlike anywhere else on the web.

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.

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