Monroe Capital LLC recently increased the credit line of a consumer-products company to $125 million from $70 million.
The bump in funding allows the consumer company to make two recent acquisitions.
The company is one of the leading manufacturers of consumer-product technology accessories, sold both online and in retail stores.
Chicago-based Monroe Capital largely funds senior and junior debt and equity co-investments to middle-market companies in the U.S. and Canada. Its 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.
Officials with Monroe Capital said the company prides itself on having a flexible investment approach and its ability to close and fund transactions quickly. In addition, Monroe is committed to being a value-added and user-friendly partner to owners, senior management and private-equity sponsors, company officials said.
As an industry leader, Monroe has been recognized by Global M&A Network as the 2013 and 2014 Small Mid-Market Lender of the Year, Private Debt Investor as the 2013 Unitranche Lender of the Year and 2014 Senior Lender of the Year, and the U.S. Small Business Administration as the 2015 Small Business Investment Company (SBIC) of the Year.