Press Releases

Monroe Capital Expands Credit Facility to $231 Million to Support OSG Billing Services’ Acquisition of Diamond Communications Solutions, Inc.

Chicago, IL, December 19, 2017

Monroe Capital LLC (“Monroe”) today announced an increase in the credit facility to $231 million to support OSG Billing Services’ (“OSG”) acquisition of Diamond Communications Solutions, Inc. (“Diamond”). Monroe has continued to provide funding to support several recent strategic acquisitions.

Founded in 1992 and based in Ridgefield Park, New Jersey, OSG has grown into a leading provider of outsourced billing, statement and payment services, and customer communication management. Diamond is a national outsource billing provider focused on the design, production and deployment of critical communication documents, direct marketing initiatives and other forms of print and digital client communications. The acquisition of Diamond aligns with OSG’s growth strategy and will further diversify OSG’s customer base and expand its end market verticals.

About Monroe Capital
Monroe Capital LLC (“Monroe”) is a private credit asset management firm specializing in direct lending and special situations investing. Since 2004, the firm has provided private credit solutions to borrowers in the U.S. and Canada. Monroe’s middle market lending platform provides senior and junior debt financing to businesses, special situation borrowers and private equity sponsors. Investment types include unitranche financings; cash flow, asset based and enterprise value based loans; and equity co-investments. Monroe is committed to being a value-added and user-friendly partner to business owners, senior management and private equity sponsors. The firm is headquartered in Chicago and maintains offices in Atlanta, Boston, Dallas, Los Angeles, New York, and San Francisco. Monroe has been recognized by Global M&A Network as the 2017 Small Middle Markets Lender of the Year; Private Debt Investor as the 2016 Lower Mid-Market Lender of the Year; M&A Advisor as the 2016 Lender Firm of the Year; and the U.S. Small Business Administration as the 2015 Small Business Investment Company (SBIC) of the Year. For more information, please visit

About OSG
OSG is a next-generation business technology partner providing integrated multichannel print and electronic presentment and payment solutions through a state-of-the-art processing environment. OSG offers comprehensive and flexible solutions including electronic billing, invoice/statement services and payments, document printing and mailing and a suite of forward-thinking marketing solutions. Progressive communication technologies enable OSG’s clients to transform their customer interactions to drive revenue, reduce costs and strengthen relationships.

With 25 years of experience as a business outsourcer for total customer communication management, OSG has the knowledge and expertise to best suit the needs of the telecommunications, leasing, financial services, distribution, healthcare, heating oil/propane, publishing, property management, municipalities and utility markets. A solid reputation has made OSG an award-winning transactional communication provider.  OSG is a portfolio company of Aquiline Capital Partners, LLC.