Monroe Capital LLC announced an increase in the credit facility to Cal Net Technology Group (“Cal Net”) to support the acquisition of Alpha Actual, LLC (“Alpha”). Cal Net is a portfolio company of Boathouse Capital and Olympic Valley Capital.
Based in Los Angeles, California, Alpha is a small regional Managed Service Provider serving small and medium sized accounting, financial services and legal firms. Alpha offers a unique service model with a blended managed services and hosted desktop offering. Cal Net is a premier provider of IT services to organizations with 10-1,000 employees. The addition of Alpha to Cal Net extends its capabilities for service, technical depth, and reliability to Alpha’s clients by leveraging one of the largest and most skilled group of technical resources in Southern California.