CHICAGO--()--Monroe Capital LLC today announced the funding of a $37.85 million unitranche credit facility to support the recapitalization of MooreCo Inc., a portfolio company of Webster Capital.
Based in Temple, Texas, MooreCo Inc. is the leader in the educational and commercial markets for visual communication products, technology support equipment and office furniture. With state of the art equipment, highly trained employees, and an excellent shipping history, MooreCo, Inc. has established a solid reputation for quality and reliability. The company markets its products primarily through the Best-Right and Balt divisions.
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. To learn more about Monroe Capital LLC, visit www.monroecap.com.