Monroe Capital acted as administrative agent and sole lead arranger on the funding of a senior credit facility to support the acquisition of ITK Solutions Group LLC (“ITK”) by Argano, an existing portfolio company of Trinity Hunt Partners.
Headquartered in Beverly, Massachusetts, ITK is comprised of business process, industry, and technology consulting experts. Through its expertise with Microsoft Dynamics, ITK delivers digital transformation services and optimized business processes for retail/e-commerce, nonprofit/NGO, and professional services organizations. Argano is a next-generation business and technology services provider. With the addition of ITK, Argano further expands its Microsoft capabilities and industry-focused solutions and services.