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


Monroe Capital Provides $20.3MM Credit Facility in Source Capital Acquisition

May 17, 2016, 07:53 AM
Filed Under: Security Systems

Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a $20.3 million senior credit facility to support the acquisition of a business services company by private equity sponsor, Source Capital, LLC.

Based in the Southwest, the company is a leading provider of access control and security solutions. Products such as keypads, door alarms, site graphics and monitoring software, are sold through various sales channels both domestically and internationally.

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, asset based loans, acquisition facilities, mezzanine debt, second lien or last-out loans and equity co-investments.  Monroe has been recognized by Global M&A Network as the 2015, 2014, and 2013 Small Middle Markets Lender of the Year; Private Debt Investor as the 2015 Lower Mid-Market Lender of the Year, the 2014 Senior Lender of the Year, and the 2013 Unitranche Lender of the Year; and the U.S. Small Business Administration as the 2015 Small Business Investment Company (SBIC) of the Year.

Week's News

Comments From Our Members

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