Press Releases
Monroe Capital Provides $22.5 Million to West World Media
Chicago, IL, September 15, 2011
Monroe Capital LLC today announced the funding of a $22.5 million unitranche facility and an equity co-investment in West World Media, LLC. Monroe Capital’s facility was used to refinance existing debt and provide growth capital.
West World Media, LLC supplies movie theater showtimes, movie content, advertising services, marketing services, web-hosting services, and local event data on a global basis. West World Media’s customer base consists of a diverse group of leading global search engines, mobile applications, movie theaters, and newspapers.
Jeremy VanDerMeid, Managing Director at Monroe Capital, said, “We worked closely with Brett West and his entrepreneurial team to structure a creative one-stop financing solution to enable West World to continue their growth as the market leader in their industry worldwide.”
West World Media Founder and President, Brett West, said, “Monroe Capital was able to provide a flexible investment structure that meets all of our financing needs. We are excited about our new partnership with Monroe Capital and look forward to working with the Monroe team in the execution of the next stage of our growth strategy.”
About Monroe Capital
Monroe Capital is a private investment firm providing senior and junior debt and equity co-investments to middle-market companies in the U.S. and Canada. Investment types include unitranche financings, bridge loans, acquisition facilities, mezzanine debt, second lien or last-out loans, equity co-investments and acquisitions of distressed debt. 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, visit www.monroecap.com.