Press Releases
Monroe Capital Provides $40.5 Million to UIB Capital
Chicago, IL, December 18, 2007
Monroe Capital LLC, as sole arranger and agent, announced the funding of a Sharia’h compliant $40.5 million financing facility in connection with the acquisition of an electronics manufacturing services company by Chicago-based private equity investment firm, UIB Capital, a subsidiary of Unicorn Investment Bank, B.S.C., based in Bahrain. The acquired company is a specialty provider of high mix, complex electronics manufacturing services (“EMS”) based in Fremont, California.
Theodore L. Koenig, President and Chief Executive Officer of Monroe Capital, said, “We are very pleased to be involved in financing quality companies with quality equity sponsors. We look forward to a long relationship with UIB Capital.”
Tariq Malhance, President of UIB Capital, said, “Monroe Capital proved to be a reliable and flexible financing partner for us in this transaction. We look forward to working with Monroe on future acquisitions.”
Monroe Capital is a specialty finance company providing senior secured and junior secured debt to middle-market companies. Monroe Capital specializes in originating, structuring and providing customized one-stop financings to U.S. and Canadian borrowers. Monroe is committed to being a value-added and user-friendly partner to owners, senior management and transaction sponsors. Investment types include senior and junior secured debt as well as bridge loans, flexible acquisition facilities, mezzanine or last-out second loans that stretch a company’s debt capacity, acquisitions of distressed debt, and equity co-investments. Monroe Capital prides itself on its flexible investment approach and its ability to close and fund transactions quickly. To learn more about Monroe Capital, visit www.monroecap.com.