Press Releases
Monroe Capital Provides Senior Secured Credit Facility for Output Services Group, Inc. ESOP Transaction
Chicago, IL, December 19, 2013
Monroe Capital LLC today announced the funding of a senior secured credit facility for Output Services Group, Inc. (“OSG”) to finance the company’s Employee Stock Ownership Plan and support growth opportunities.
Monroe’s dedicated ESOP lending effort continues to be active as companies take advantage of the tax savings and operational improvements ESOPs offer. Monroe Capital anticipates that demand will remain strong in 2014 for ESOP transactions.
Based in Englewood, NJ, OSG is a next-generation business technology partner providing integrated multi-channel print and electronic solutions through a state-of-the-art processing environment. OSG offers comprehensive and flexible solutions including electronic billing and statement services, document print and mailing, and a suite of forward-thinking marketing campaigns. Progressive communication technologies enable OSG’s clients to transform their customer interactions to drive revenue, reduce costs and strengthen relationships.
About Monroe Capital
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. Monroe is committed to being a value-added and user-friendly partner to owners, senior management and private equity sponsors. To learn more about Monroe Capital LLC, visit www.monroecap.com.