Monroe Capital LLC announced the funding of a senior secured credit facility to support the spin-off of BCC Software, LLC (“BCC”) from its former parent, Bell and Howell, LLC by private equity sponsor Versa Capital Management, LLC.
 
Based in Rochester, New York and founded over 30 years ago, BCC creates innovative postal software solutions and provides extensive data marketing services. As it expands into new markets with new services and solutions offerings, BCC’s growth will best be accomplished as a stand-alone business. 
 
Since launching the firm’s national technology vertical, Monroe Capital has partnered with many of the country’s well known private equity and venture capital firms to finance software, e-commerce, industrial technology and tech-enabled services companies.

Monroe Capital LLC is a leading provider of senior and junior debt and equity co-investments to middle-market companies in the U.S. and Canada. Investment types include unitranche financings, cash flow and enterprise value based loans, acquisition facilities, mezzanine debt, second lien or last-out loans and equity co-investments. Monroe Capital prides itself on its flexible investment approach and its ability to close and fund transactions quickly.