Monroe Capital has acted as sole lead arranger and administrative agent on the funding of a USD36 million unitranche credit facility to support the acquisition of Virtium by private equity sponsor, L Squared Capital Partners.
Founded in 1997 and based in Rancho Santa Margarita, California, Virtium is a leading provider of customised, ruggedised, and highly engineered industrial memory and embedded solid state drive products to the industrial market. In recent years, the company has experienced significant growth as a result of increasing demand for highly customised memory and storage products.
