FREE MEMBERSHIP Includes » ABL Advisor eNews + iData Blasts | JOIN NOW ABLAdvisor Gray ABLAdvisor Blue
 
Skip Navigation LinksHome / News / Read News

Print

MidCap Financial Provides $14MM Credit Facility to Managed Print Services Company

November 27, 2018, 07:00 AM
Filed Under: Printing

MidCap Financial announced it has provided a $14 million senior credit facility to a managed print services company. In Q3 2018, a private equity group made a significant investment in the Company. In conjunction with the private equity group’s investment, the MidCap credit facility will facilitate the Company’s long-term growth and provide for the Company’s working capital needs.

The Company is a critical supplier to the rapidly growing Managed Print Services (MPS) market. Its customers include equipment dealers across the United States and Canada, who value the company for its product development capabilities and product quality.

 







Comments From Our Members

You must be an ABL Advisor member to post comments. Login or Join Now.