Monroe Capital acted as sole lead arranger and administrative agent on the funding of a senior credit facility and equity co-investment to support the majority recapitalization of Northeast Contracting Corp. (“NECC”) by RCap Equity Partners.
Founded in 2002 and headquartered in Lorton, VA, NECC specializes in commercial roofing services, including re-roofing, installation, and repair & maintenance in the D.C., Maryland, and Virginia area. The Company primarily serves customers in the education (K-12), government, multi-family, industrial, and data center end markets.