CHICAGO, December 18 /CNW/ - 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.
For further information:
For further information: Monroe Capital LLC Theodore L. Koenig President
and CEO Phone:(312) 258-8300 Fax:(312) 258-8350 www.monroecap.com