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Tag: Monroe Capital


Battery, NICE deal is done, business renamed Qognify

September 23, 2015Martha Entwistle

BOSTON—Battery Ventures on Sept. 20 closed the NICE physical security business unit deal and renamed the business Qognify.Battery Ventures announced its intention to acquire the business in August for $85 million in cash and up to an additional $15 million. Final terms have not been made public, however, Monroe Capital in Chicago announced that it was the sole lead arranger and administrative agent on the funding of a $57.5 million senior credit facility to support Battery Ventures' acquisition.Monroe...

Battery Ventures, Monroe Capital, Moti Shabtai, Nice, Qognify

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General News

Monroe Capital takes a look at security

September 18, 2012Martha Entwistle

CHICAGO—Monroe Capital, a private investment company that has about $700 million in assets, does not currently have investments in the physical security space, but it's interested in taking a look, Monroe managing director Zia Uddin told Security Systems News.While Monroe is more actively looking at IT security companies, Uddin said, “we do look at those [physical security] deals and we would be open and willing to make an investment. We understand the business model and dynamics of the...

Monroe Capital, Security Systems News, Zia Uddin

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