Press Releases
Monroe Capital Provides Senior Secured Credit Facility to BCC Software, LLC
Chicago, IL, June 24, 2014
Monroe Capital LLC today announced the funding of a senior secured credit facility to support the spin-off of BCC 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 stand-alone business.
Since launching the firm’s national technology vertical, Monroe Capital has partnered with many of the country’s well known 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.