Technology | 2015.08.12
Monroe Capital Provides $42.5 Million Financing to Milestone Technologies, Inc.
CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC today announced it acted as sole lead arranger and administrative agent on the funding of a $42.5 million unitranche credit facility to support a strategic investment in Milestone Technologies, Inc. (“Milestone”) by private equity sponsor, H.I.G. Capital, LLC. Based in Fremont, California, Milestone is a leading provider of managed information technology services to rapidly-growing, global enterprises. Milestone’s solutions include managed help desk,
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