Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of Reapit Ltd. by private equity sponsor Accel-KKR LLC.
Reapit is the largest CRM and Client Accounting software provider to the UK residential real estate sector. The company is recognized as an industry leader in the UK and Australian markets, having won numerous awards for its uniquely integrated solution. Reapit’s leading software platform is deeply integrated into its blue-chip customer base that spans multiple geographies and includes more than 200 estate agencies and over 20,000 users.