Monroe Capital LLC announced an increase in the credit facility to MC Group to support the merger of MC Group and Icon Identity Solutions (“Icon”), an existing portfolio company of Arcapita Investment Management US, Inc.
Based in Rolling Meadows, Illinois, Icon is a brand implementation company specializing in full-service signage manufacturing and installation services, sign and lighting maintenance services, specialty services and commercial retail construction solutions. MC Group is a national provider of signage, lighting, electrical, and energy management solutions. The combined organization, which will continue to operate under both brand names, now provides comprehensive signage, construction, energy and maintenance solutions to some of the nation’s largest and most recognized brands.