Monroe Capital acted as sole lead arranger and administrative agent on the funding of a $55 million unitranche financing to support the growth of Incipio Technologies.
“After a record year for the company in 2014, I am pleased to announce our new partnership with Monroe Capital, who shares the same entrepreneurial spirit that has made Incipio successful,” said Andy Fathollahi, founder and CEO of Incipio. “The new unitranche credit facility will provide us with increased flexibility as we continue to grow – both organically and through acquisitions – within the rapidly expanding mobile device accessories industry.”
Irvine, CA-based Incipio is a designer and manufacturer of mobile device accessories and technology.