|[June 24, 2014]
Monroe Capital Provides Senior Secured Credit Facility to BCC Software, LLC
CHICAGO --(Business Wire)--
Monroe Capital LLC today announced the funding of a senior secured
credit facility to support the spin-off of BCC (News - Alert) Software, LLC ("BCC")
from its former parent, Bell and Howell, LLC by private equity sponsor
Versa Capital Management, LLC.
Based in Rochester, New York and founded over 30 years ago, BCC creates
innovative postal software solutions and provides extensive data
marketing services. As it expands into new markets with new services and
solutions offerings, BCC's growth will best be accomplished as a
Since launching the firm's national technology vertical, Monroe Capital
has partnered with many of the country's well knwn private equity and
venture capital firms to finance software, e-commerce, industrial
technology and tech-enabled services companies.
About Monroe Capital
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. 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. Monroe has been recognized by Global M&A Network as the
2013 Small Mid Market Lender of the Year and by Private Debt Investor as
the 2013 Unitranche Lender of the Year. To learn more about Monroe
Capital LLC, visit www.monroecap.com.
[ Back To Technology News's Homepage ]