BookIt Acquires $10 Million in Funding for Growth, Expansion - WMBB News 13 - The Panhandle's News Leader

BookIt Acquires $10 Million in Funding for Growth, Expansion

Posted: Updated:

BookIt.com Inc. announced the acquisition of $10 million in funding from Monroe Capital to support growth opportunities and expansion.

"BookIt.com has been operating for about 10 years without taking on outside capital," said Tom DiBacco, Vice President of Business and Finance for BookIt.com. "We are excited to have secured funding needed to open up additional opportunities and continue our strong growth trajectory."

Among other areas of focus, the company plans to continue to invest in technology including mobile, product development and expanding inventory sources.

Monroe Capital is a private investment firm based out of Chicago, Ill. providing senior and junior debt and equity co-investments to middle-market companies in the U.S. and Canada.

===

Information provided by BookIt