Monroe Capital announced the funding of a $37.85 million unitranche credit facility to support the recapitalization of MooreCo Inc., a portfolio company of Webster Capital.
Based in Temple, TX, MooreCo Inc. is a leader in the educational and commercial markets for visual communication products, technology support equipment and office furniture. With state of the art equipment, highly trained employees, and an excellent shipping history, MooreCo, Inc. has established a solid reputation for quality and reliability. The company markets its products primarily through the Best-Right and Balt divisions.
Monroe Capital is a leading provider of senior and junior debt and equity co-investments to middle-market companies in the U.S. and Canada.