Monroe Capital Provides Facility to Data Physics
Monroe Capital announced the funding of a senior secured credit facility to support the purchase of a controlling stake in Data Physics by Battery Ventures.
Ted Koenig, president & CEO of Monroe Capital, said, “We were pleased that Battery Ventures had the confidence in Monroe to provide a financing solution to support the purchase of a controlling stake in this leading-edge technology company. This investment represents Monroe’s dedication and expertise within the technology space as we continue to expand our vertical.”
San Jose, CA-based Data Physics Corp. designs and manufactures test and measurement equipment and software for acoustic testing, machinery diagnostics, shock and drop testing, structural vibration testing, and shaker testing applications.