|By Business Wire||
|July 24, 2014 06:00 AM EDT||
Monroe Capital LLC today announced an increase in the credit facility to OSG Billing Services (“OSG”), an ESOP owned-business, to support the acquisition of SouthData, Inc. (“SDI”).
Based in Mount Airy, North Carolina, SDI is a national, full-service document management provider specializing in electronic and paper based billing; high quality variable printing; distribution and mail services; electronic and film based storage; and IT support services. OSG is a next-generation business technology partner providing integrated multi-channel print and electronic solutions through a state-of-the-art processing environment. OSG offers comprehensive and flexible solutions including electronic billing and invoice/statement services, document printing and mailing and a suite of forward-thinking marketing campaigns. The acquisition brings together two industry leaders of outsourced billing and critical customer communication services that share similar visions. Furthermore, the combined companies further expands OSG’s customer, industry and geographic diversification.
Monroe’s dedicated ESOP lending effort continues to be active as companies take advantage of the tax savings and operational improvements ESOPs offer. Monroe continues to be focused on ESOP implementation and growth capital for ESOP-owned businesses.
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.
The emerging Internet of Everything creates tremendous new opportunities for customer engagement and business model innovation. However, enterprises must overcome a number of critical challenges to bring these new solutions to market. In his session at @ThingsExpo, Michael Martin, CTO/CIO at nfrastructure, outlined these key challenges and recommended approaches for overcoming them to achieve speed and agility in the design, development and implementation of Internet of Everything solutions wi...
Aug. 27, 2016 01:15 AM EDT Reads: 1,990
Aug. 27, 2016 12:45 AM EDT Reads: 2,920
Aug. 27, 2016 12:45 AM EDT Reads: 2,138
Aug. 27, 2016 12:15 AM EDT Reads: 2,250
Aug. 26, 2016 11:15 PM EDT Reads: 1,743
Aug. 26, 2016 10:45 PM EDT Reads: 2,057
Aug. 26, 2016 10:00 PM EDT Reads: 1,838
Aug. 26, 2016 09:15 PM EDT Reads: 1,425
Aug. 26, 2016 07:15 PM EDT Reads: 403
Aug. 26, 2016 07:00 PM EDT Reads: 653
Aug. 26, 2016 07:00 PM EDT Reads: 701
Aug. 26, 2016 06:00 PM EDT Reads: 1,927
Aug. 26, 2016 05:00 PM EDT Reads: 668
Aug. 26, 2016 04:45 PM EDT Reads: 1,532
Aug. 26, 2016 04:30 PM EDT Reads: 2,309