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 and future growth of Vereco Inc. by a private equity sponsor.
Founded in 2011 and headquartered in Laguna Niguel, California, Vereco is a national healthcare company that creates and manages document services programs for hospitals and healthcare systems. Through its teams of fulltime on-site personnel, Vereco on a daily basis manages and optimizes a hospital’s print environment, from vendor management to helping hospital staff with all their print workflow and related needs. The company’s document services program has been implemented in more than 50 hospitals comprised of national health systems, leading clinical research institutions, academic medical centers, county hospitals and large and small community hospitals.