AB Private Credit Investors Transactions

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June 2021

Senior Secured Facilities

Club Lender

May 2021

Senior Secured Credit Facility

Sole Lead Arranger, Admin Agent

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May 2021

Senior Secured Credit Facility

Joint Lead Arranger & Joint Bookrunner

May 2021

Senior Secured Facilities

Joint Lead Arranger

April 2021

Senior Secured Credit Facilities

Sole Lead Arranger

April 2021

Senior Secured Credit Facilities

Joint Lead Arranger, Admin Agent

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April 2021

Senior Secured Facilities

Joint Lead Arranger and Joint Bookrunner

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April 2021

Senior Secured Facilities

Sole Lead Arranger and Administrative Agent

April 2021

Senior Secured Credit Facility

Documentation Agent

March 2021

Unitranche Credit Facility

Joint Lead Arranger, Joint Bookrunner

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March 2021

Senior Secured Facilities

Joint Lead Arranger, Admin Agent

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February 2021

First Lien Credit Facilities

Participant

February 2021

Senior Secured Facilities

Sole Lead Arranger, Admin Agent

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January 2021

Unitranche Credit Facility

Documentation Agent

January 2021

Senior Secured Facilities

Sole Lead Arranger, Admin Agent

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January 2021

Senior Secured Facilities

Joint Lead Arranger

December 2020

Senior Secured Credit Facilities

Club Lender

December 2020

Unitranche Credit Facility

Lead Arranger, Admin Agent

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December 2020

Senior Secured Credit Facilities

Sole Lead Arranger, Admin Agent

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December 2020

Senior Secured Credit Facilities

Joint Lead Arranger to

December 2020

Incremental Credit Facility

Club Lender

December 2020

Senior Secured Facilities

Sole Lead Arranger, Admin Agent

December 2020

Senior Secured Credit Facilities

Lender

December 2020

Unitranche Credit Facility

Sole Lead Arranger, Admin Agent

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December 2020

Senior Secured Facilities

Sole Lead Arranger, Admin Agent

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December 2020


Club Lender

December 2020

Senior Secured Credit Facilities

Joint Lead Arranger

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December 2020

Second Lien Facilities

Lender and Pref. Equity Holder

December 2020

Senior Secured Credit Facilities

Sole Lead Arranger, Admin Agent

November 2020

Unitranche Facility

Joint Lead Arranger

November 2020

Senior Secured Credit Facilities

Administrative Agent

October 2020

Senior Secured Credit Facilities

Lead Arranger, Admin Agent

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October 2020

Unitranche Facility

Sole Bookrunner, Admin Agent

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October 2020

Senior Secured Credit Facilities

Sole Lead Arranger, Admin Agent

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September 2020

Senior Secured Credit Facilities

Documentation Agent, Club Lender


September 2020

Senior Secured Credit Facility

Sole Lead Arranger, Admin Agent

July 2020

Senior Secured Credit Facilities

Joint Lead Arranger

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June 2020

Senior Secured Facilities

Joint Lead Arranger, Documentation Agent

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June 2020

Unitranche Credit Facility

Lead Arranger, Admin Agent

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May 2020

Senior Secured Facilities

Documentation Agent

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March 2020

Senior Secured Credit Facilities

Sole Lead Arranger, Admin Agent

March 2020

Senior Secured Credit Facilities

Lead Arranger, Admin Agent

February 2020

Senior Secured Credit Facility

Sole Lead Arranger, Admin Agent, Collateral Agent

January 2020

Senior Secured Facilities

Club Lender

January 2020

Unitranche Credit Facility

Club Lender

December 2019

Unitranche Credit Facility

Admin Agent, Sole Lender

December 2019

Senior Secured Credit Facility

Sole Lead Arranger, Admin Agent

December 2019

Senior Secured Credit Facilities

Lender

December 2019

1st Lien Credit Facility

Lender

November 2019

Senior Secured Credit Facilities

Club Lender

November 2019

Senior Secured Credit Facilities

Co-Doc Agent

November 2019

Unitranche Credit Facility

Sole Lead Arranger, Admin Agent

November 2019

1st Lien Term Loan

Documentation Agent

September 2019

Second Lien Term Loan

Sole Lead Arranger, Admin Agent

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September 2019

Senior Secured Facilities

Joint Lead Arranger, Admin Agent

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September 2019

Senior Secured Credit Facilities

Administrative Agent

September 2019

First Lien Credit Facilities

Participant

September 2019

Senior Secured Facilities

Sole Lead Arranger, Admin Agent

View deal

September 2019

Senior Secured Credit Facility

Sole Lead Arranger, Admin Agent

August 2019

Senior Secured Facilities

Lender

August 2019

Unitranche Credit Facility

Club Lender

August 2019

Senior Secured Facilities

Club Lender

July 2019

Senior Secured Credit Facility

Lender

June 2019

Senior Secured Facilities

Admin Agent, Sole Lender

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June 2019

Senior Secured Facilities

Club Lender

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June 2019

Unitranche Credit Facility

Sole Lead Arranger, Admin Agent, Sole Lender

May 2019

Senior Secured Facility

Co-Syndication Agent

May 2019

Senior Secured Facilities

Club Lender

April 2019

Senior Secured Facilities

Admin Agent, Sole Lender

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April 2019

Second Lien Term Loan

Admin Agent, Sole Lender

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March 2019

Senior Secured Facilities

Club Lender

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March 2019

Senior Credit Facility

Lead Arranger, Admin Agent

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March 2019

Senior Secured Facility

Sole Lender, Admin Agent

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March 2019

Senior Secured Facilities

Admin Agent, Sole Lender

View deal

February 2019

Senior Secured Term Loan

Club Lender

February 2019

Senior Secured Facilities

Lender

February 2019

Senior Secured Facility

Participant

January 2019

Senior Secured Facilities

Joint Lead Arranger

December 2018

Senior Credit Facility

Club Lender

Goldman Sachs Bank USA
As Administrative Agent & Lead Arranger

December 2018

Unitranche

Lender

December 2018

Senior Secured Credit Facility

Participant

December 2018

Senior Secured Credit Facility

Co-Lead Club Lender, Documentation Agent

November 2018

Unitranche Credit Facility

Club Lender

November 2018

Unitranche Credit Facility

November 2018

Senior Secured Facilities

Sole Lead Arranger and Admin Agent

November 2018

Senior Secured Credit Facility

Sole Lender and Admin Agent

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October 2018

Unitranche

Admin Agent & Lead Arranger

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October 2018

Senior Secured Credit Facility

Participant

October 2018

Senior Secured Credit Facility

Admin Agent, Lead Arranger

October 2018

Second Lien Term Loan

Participant

September 2018

Senior Secured Facility

Participant

September 2018

Senior Secured Credit Facility

Participant

September 2018

Senior Secured Credit Facility

Sole Lead Arranger and Admin Agent

View deal

August 2018

Senior Secured Credit Facility

Club Lender

July 2018

Unitranche Credit Facility

Sole Lender and Administrative Agent

View deal

July 2018

Senior Secured Credit Facility

Participant

July 2018

Senior Credit Facilities

Joint Lead Arranger

July 2018

Senior Secured Facilities

Sole Lead Arranger & Admin Agent

June 2018

Senior Secured Credit Facility

Administrative Agent

View deal

June 2018

Unitranche Credit Facility

Club Lender

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June 2018

Unitranche Credit Facility

Sole Lead Arranger, Admin Agent, Sole Lender

View deal

May 2018

Senior Secured Credit Facility

Admin Agent, Sole Lead Arranger

May 2018

Senior Secured Credit Facility

Admin Agent, Sole Lender

View deal

May 2018

Unitranche Credit Facility

Joint Lead Arranger

May 2018

Senior Credit Facilities

Club Lender

April 2018

First-Lien Credit Facilities

Participant

April 2018

Unitranche Credit Facility

Joint Lead Arranger and Documentation Agent

View deal

March 2018

Senior Secured Credit Facility

Admin Agent and Joint Lead Arranger

View deal

March 2018

Unitranche Credit Facility

Club Lender

February 2018

Senior Secured Credit Facility

Admin Agent and Co-Lead Arranger

View deal

January 2018

First Lien Term Loan

Meaningful Participant

January 2018

Senior Secured Credit Facility

Admin Agent, Sole Lender

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December 2017

Senior Secured Credit Facilities

Joint Lead Arranger

View deal

December 2017

Senior Secured Credit Facilities

Joint Lead Arranger

View deal

December 2017

Senior Secured Credit Facility

Admin Agent, Sole Lender

View deal

December 2017

Unitranche Credit Facility

Sole Lead Arranger and Admin Agent

December 2017

Senior Credit Facility

Club Lender

December 2017

Senior Secured Credit Facilities

Sole Lender

November 2017

Unitranche Credit Facility

Sole Arranger, Admin Agent

View deal

November 2017

Unitranche Credit Facility

Documentation Agent

October 2017

Second Lien Term Loan

Admin Agent, Sole Lender

October 2017

Senior Credit Facility

Meaningful Participant

October 2017

Senior Credit Facilities

Club Lender

October 2017

Senior Secured Credit Facilities

Co-Syndication Agent

View deal

October 2017

Unitranche Credit Facility

Co-Agent / Co-lead Arranger

September 2017

Second Lien Term Loan

Admin Agent, Lead Arranger

September 2017

Unitranche Credit Facility

Participant

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September 2017

Senior Secured Credit Facilities

Syndication Agent

September 2017

Senior Secured Facility

Admin Agent, Sole Lender

September 2017

Unitranche Credit Facility

Co-Lead Arranger and Admin Agent

View deal

August 2017

Senior Secured Facility

Admin Agent, Sole Lender

View deal

August 2017

Unitranche Credit Facility

Sole Lead Arranger and Admin Agent

View deal

July 2017

Second Lien Term Loan

Participant

July 2017

Unitranche Credit Facility

Admin Agent, Sole Lender

June 2017

Senior Secured Credit Facilities

Co-Lead and Documentation Agent

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June 2017

Senior Secured Facility

Sole Lead Arranger and Admin Agent

View deal

June 2017

Unitranche Credit Facility

Sole Lead Arranger and Admin Agent

View deal

May 2017

First Lien Sr. Secured Term Loan

Lender

May 2017

Senior Secured Credit Facilities

Sole Arranger and Admin Agent

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April 2017

Senior Secured Credit Facility

Admin Agent and Co-Lead Arranger

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March 2017

Senior Secured Credit Facility

Admin Agent, Lead Arranger

View deal

March 2017

Unitranche Credit Facility

Sole Lead Arranger and Admin Agent

View deal

March 2017

Senior Secured Credit Facility

Lead

View deal

March 2017

Senior Credit Facility

Sole Lead Arranger and Admin Agent

February 2017

Second Lien Term Loan

Admin Agent, Sole Lender

January 2017

Senior Secured Credit Facility

Documentation Agent

View deal

December 2016

Senior Secured Credit Facility

Club Lender

December 2016

Second Lien Credit Facility

Lead Arranger

November 2016

Senior Secured Credit Facility

Co-Agent; Co-Lead Arranger

View deal

November 2016

Senior Secured Facilities

Admin Agent, Sole Lender

View deal

November 2016

1st Lien Senior Secured Notes

Notes Purchaser

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October 2016

Unitranche

Club Lender

View deal

October 2016

Senior Secured Credit Facility

Admin Agent, Lead Arranger

September 2016

Unitranche Credit Facility

Admin Agent, Sole Lender

View deal

September 2016

Senior Secured Facilities

Admin Agent, Sole Lender

August 2016

Unitranche Credit Facility

Co-Document Agent, Club Lender

View deal

July 2016

Second Lien Term Loan

Admin Agent, Sole Lender

View deal

July 2016

Unitranche Credit Facility

Admin Agent / Sole Lender

June 2016

Senior Secured Credit Facility

Club Lender

June 2016

Senior Secured Credit Facility

Club Lender

April 2016

Senior Secured Facility

Admin Agent, Lead Lender

View deal

April 2016

First Lien Credit Facilities

Club Lender

March 2016

Unitranche Credit Facility

Club Lender

March 2016

Senior Secured Credit Facility

Admin Agent, Lead Arranger

View deal

February 2016

Unitranche Credit Facility

Admin Agent, Sole Lender

December 2015

First Lien Credit Facilities

Club Lender

December 2015

Senior Credit Facility

Admin Agent, Sole Lender

View deal

December 2015

Senior Secured Facilities

Club Lender

December 2015

First Lien Credit Facilities

Admin Agent, Sole Lender

December 2015

Unitranche Credit Facility

Club Lender

December 2015

First Lien Credit Facilities

Admin Agent, Sole Lender

View deal

December 2015

Unitranche Credit Facilities

Admin Agent, Lead Arranger

November 2015

Unitranche Term Loan

Club Lender

August 2015

First Lien Facilities

Club Lender

August 2015

Second Lien Term Loan

Admin Agent, Lead Arranger

August 2015

Unitranche Credit Facilities

Club Lender

July 2015

Unitranche Credit Facility

Admin Agent, Lead Arranger

June 2015

First Lien Term Loan

Club Lender

June 2015

Unitranche Credit Facilities

Admin Agent, Lead Arranger

March 2015

Unitranche Credit Facilities

Club Lender

July 2014

Senior Secured Credit Facilities

Admin Agent, Sole Lender

May 2021

AB Private Credit Investors

Sector: Restaurants

AB Private Credit Investors (AB-PCI) acted as administrative agent and sole lead arranger for an upsize of its senior secured credit facility for KBP Investments (KBP). The upsize grew total facility commitments from $562,480,000 to $680,113,000. The increased commitments will be used to fund future acquisitions and growth.

Michael Kulp, president and CEO of KBP, said, “We wouldn’t have been able to accelerate the growth of our business without the support of AB-PCI and the rest of the lender group. This upsized credit facility provides us with the flexibility we need to continue to execute our growth plans.”

Barry Dubin, chief strategy officer of KBP, said, “As KBP has grown, our access to different sources of capital has increased, but the flexibility provided by AB-PCI’s financing solution remains the best fit for KBP and its growth-oriented business plan.”

AB-PCI’s lending relationship with KBP began in March 2016 with the closing of a $146,500,000 credit facility.

KBP owns and operates 787 restaurants in 24 states under franchise agreements primarily with KFC and Taco Bell. The company is one of the largest domestic Yum! Brands franchisees and among the top 10 largest restaurant franchisees in the United States. www.kbpinvestments.com

About AB Private Credit Investors:
US$11.0 Bil.
Investable
Capital
US$8.3 Bil.
Outstanding
Commitments
372
Transactions
Completed to Date
Figures are approximate and subject to final verification.

Contact Us

  • Brent Humphries
  • President
    AB Private Credit Investors
  • EMAIL BRENT
  • Bob Bielinski
  • Managing Director, Restaurants &
    Franchising, Originations
  • EMAIL BOB
  • Daniel Weiss
  • Managing Director,
    Originations
  • EMAIL DANNY

April 2021

AB Private Credit Investors

Sector: Digital Infrastructure & Services

AB Private Credit Investors (AB-PCI) served as Joint Lead Arranger and Joint Bookrunner for senior secured facilities supporting a recapitalization for Momentum Telecom. AB-PCI’s deep experience in digital infrastructure and services, particularly unified communications (“UCaaS”) and managed service providers (“MSPs”), and its strong relationship with Court Square Capital Partners resulted in a flexible financing solution that has significant capacity for growth.

Momentum, based in Atlanta, GA, is a global provider of cloud voice, managed network services, and unified communications solutions. Momentum empowers human connections through developing, streamlining and integrating cloud voice and cloud-based applications in order to enable others to thrive. An industry leader in customer experience, Momentum uses superior technology, a geo-redundant network and an extensive partner network to empower businesses to communicate better, faster and more efficiently

Court Square Capital Partners is a New York-based private equity firm focused on investing in the business services, general industrial, healthcare, and technology and telecommunications sectors. Since 1979, Court Square has completed over 235 investments and has $7.3 billion of assets under management.

About AB Private Credit Investors:*
US$10.7 Bil.
Investable
Capital
US$8.5 Bil.
Outstanding
Commitments
354
Transactions
Completed to Date
*Figures are approximate

Contact Us

  • Brent Humphries
  • President, AB Private
    Credit Investors
  • EMAIL BRENT
  • Patrick Fear
  • Managing Director, Digital
    Infrastructure and Services
  • EMAIL PATRICK
  • Evan Cohen
  • Managing Director, Digital
    Infrastructure and Services
  • EMAIL EVAN
  • Sean Kennedy
  • Director, Digital Infrastructure
    and Services
  • EMAIL SEAN

April 2021

AB Private Credit Investors

Sector: Software

On April 22, 2021, AB Private Credit Investors (AB-PCI) served as Joint Lead Arranger and Administrative Agent to senior secured credit facilities backing CVC Growth Partner’s recapitalization of VelocityEHS. AB-PCI worked with CVC Growth Partners to craft a scalable and custom solution, leveraging significant expertise from both firms in the enterprise software vertical.

VelocityEHS is a leading global provider of cloud-based environmental, health and safety (EHS) software.

Its comprehensive software platform and innovative mobile solutions aim to make enterprise-level EHS functionality accessible and affordable to businesses of all sizes, helping them efficiently meet complex compliance and regulatory challenges.

CVC Growth Partners invests primarily in North America and Europe, focusing on high-growth businesses in a variety of industries, including software, SaaS, managed services, cloud computing, mobility, payments, security, financial technology, healthcare information technology and other tech-enabled business services.

About AB Private Credit Investors:
US$10.7 Bil.
Investable
Capital
US$8.5 Bil.
Outstanding
Commitments
363
Transactions
Completed to Date
*Figures are approximate and subject to final verification

Contact Us

  • Brent Humphries
  • President, AB Private
    Credit Investors
  • EMAIL BRENT
  • Jay Ramakrishnan
  • Head of Originations
  • EMAIL JAY

January 2021

AB Private Credit Investors

Sector: Digital Infrastructure & Services

AB Private Credit Investors (AB-PCI) served as Sole Lead Arranger and Administrative Agent for senior secured facilities backing Court Square Capital Partners’ acquisition of Thrive. AB-PCI leveraged its deep digital infrastructure and services expertise to quickly and efficiently deliver a flexible financing solution with significant capacity for growth.

Thrive is a leading provider of technology managed services designed to drive business outcomes through application enablement and optimization.

With their new partners, Thrive will accelerate its formidable investments in its Next Generation Technology including ServiceNow, Automation and AI.

Court Square Capital Partners is a New York-based private equity firm focused on investing in the business services, general industrial, healthcare, and technology and telecommunications sectors. Since 1979, Court Square has completed over 235 investments and has $7.0 billion of assets under management.

About AB Private Credit Investors:*
US$10.4 Bil.
Investable
Capital
US$7.8 Bil.
Outstanding
Commitments
332
Transactions
Completed to Date
*Figures are approximate

Contact Us

  • Brent Humphries
  • President, AB Private
    Credit Investors
  • EMAIL BRENT
  • Patrick Fear
  • Managing Director,
    Digital Infrastructure & Services
  • EMAIL PATRICK
  • Evan Cohen
  • Managing Director,
    Digital Infrastructure & Services
  • EMAIL EVAN

March 2021

AB Private Credit Investors

Sector: Software

AB Private Credit Investors (AB-PCI) served as Joint Lead Arranger and Administrative Agent for senior secured facilities backing TPG Growth’s acquisition of Greenhouse (the “Company”). AB-PCI’s extensive experience providing debt capital to high-growth software businesses allowed it to quickly deliver a flexible and fully committed financing solution.

Greenhouse, a leading provider of hiring software, is based in New York, NY, and serves over 4,000 customers.

The Company’s software and structured hiring approach helps companies realize the benefits of improved diversity, equity and inclusion in their hiring practices.

TPG Growth is the middle-market and growth-equity investment platform of TPG, the global alternative asset firm. With approximately $15.4 billion of assets under management, TPG Growth targets investments in a broad range of industries and geographies. TPG Growth has the deep sector knowledge, operational resources and global experience to drive value creation and help companies reach their full potential.

The Rise Fund is the world’s largest global impact platform committed to achieving measurable, positive social and environmental outcomes alongside competitive financial returns. With more than $5 billion in assets under management across its platform, The Rise Fund works with growth-stage, high-potential, mission-driven companies that have the power to change the world. Headquartered in San Francisco, The Rise Fund was founded in 2016 to deliver deep expertise in business solutions to help achieve the United Nations’ Sustainable Development Goals. As part of TPG, The Rise Fund offers investment resources, business-building skills, rigorous measurement and a global network to help portfolio companies accelerate growth and impact. With the ability to invest across a wide variety of sectors and countries at scale, The Rise Fund focuses on opportunities in education, energy, food and agriculture, financial technology, healthcare and technology.

About AB Private Credit Investors:*
US$10.4 Bil.
Investable
Capital
US$7.9 Bil.
Outstanding
Commitments
337
Transactions
Completed to Date
*Figures are approximate

Contact Us

  • Brent Humphries
  • President, AB Private
    Credit Investors
  • EMAIL BRENT
  • Drew Miller
  • Managing Director,
    Originations
  • EMAIL DREW

March 2021

AB Private Credit Investors

Sector: Restaurants and Franchising

AB Private Credit Investors (AB-PCI) served as Joint Lead Arranger and Joint Bookrunner for senior credit facilities to support the acquisition of Freddy’s Frozen Custard & Steakburgers (“Freddy’s”) by Thompson Street Capital Partners (TSCP). AB-PCI’s deep experience in restaurants and franchising and its strong relationship with TSCP resulted in a flexible financing solution that has significant capacity for growth.

Founded in 2002 with its first company-owned location in Wichita, Kansas, Freddy's restaurants feature steakburgers, shoestring fries and freshly churned frozen custard.

The company’s family friendly restaurants focus on premium quality ingredients, cooked-to-order food and best-in-class hospitality. Freddy’s award-winning system has rapidly expanded to more than 360 franchised locations and over 30 company-operated restaurants spanning more than 30 states nationwide.

TSCP is a St. Louis-based private equity firm focused on investing in founder-led middle market businesses. TSCP has acquired more than 150 companies in the Healthcare & Life Science Services, Software & Technology Services and Business Services & Engineered Products industries and has managed more than US$2.6 billion since being founded in 2000.

About AB Private Credit Investors:*
US$10.6 Bil.
Investable
Capital
US$8.1 Bil.
Outstanding
Commitments
348
Transactions
Completed to Date
*Figures are approximate

Contact Us

  • Brent Humphries
  • President, AB Private
    Credit Investors
  • EMAIL BRENT
  • Daniel Weiss
  • Managing Director,
    Originations
  • EMAIL DANNY
  • Bob Bielinski
  • Managing Director,
    Restaurants & Franchising, Originations
  • EMAIL BOB

February 2021

AB Private Credit Investors

Sector: Digital Infrastructure & Services

AB Private Credit Investors (AB-PCI) served as Sole Lead Arranger and Administrative Agent for senior secured facilities backing Fatbeam’s acquisition of Tek-Hut. AB-PCI’s deep experience in digital infrastructure and services and its strong relationship with SDC Capital Partners resulted in a flexible financing solution that has significant capacity for growth.

Fatbeam is a leading provider of fiber connectivity to enterprise, healthcare, government and education customers in the Pacific Northwest.

The addition of Tek-Hut will expand Fatbeam’s geographical footprint and product offering, bolstering Fatbeam’s dominant market position and allowing for future growth.

SDC Capital Partners, LLC is a global digital infrastructure investment firm. SDC invests in data centers, fiber networks, wireless infrastructure and associated businesses, with a focus on opportunities to leverage its deep operational expertise in partnership with exceptional teams to create value.

About AB Private Credit Investors:*
US$10.4 Bil.
Investable
Capital
US$7.9 Bil.
Outstanding
Commitments
337
Transactions
Completed to Date
*Figures are approximate

Contact Us

  • Brent Humphries
  • President, AB Private
    Credit Investors
  • EMAIL BRENT
  • Patrick Fear
  • Managing Director,
    Digital Infrastructure & Services
  • EMAIL PATRICK
  • Sean Kennedy
  • Director,
    Digital Infrastructure & Services
  • EMAIL SEAN
  • Evan Cohen
  • Managing Director,
    Digital Infrastructure & Services
  • EMAIL EVAN

December 2020

AB Private Credit Investors

Sector: Healthcare IT

AB Private Credit Investors (AB-PCI) leveraged its healthcare technology expertise to finance the strategic acquisition of Deerwalk Inc. by Cedar Gate Technologies (“Cedar Gate”). This is the second acquisition and credit facility upsize that AB-PCI has executed to support the growth of the GTCR-backed platform.

Deerwalk is a healthcare data analytics platform that helps manage health plan design and spend. Cedar Gate serves healthcare providers, payers and self-insured employers who are seeking to reduce healthcare costs and improve quality of care.

The combined Cedar Gate platform provides a suite of enterprise software solutions that enables provider and payer participation in value-based arrangements through the design, implementation, and administration of bundled payments and fully capitated contracts.

GTCR is a leading private equity firm focused on investing in growth companies in the Financial Services & Technology, Healthcare, Technology, Media & Telecommunications, and Growth Business Services industries. The Chicago-based firm pioneered The Leaders Strategy™ finding and partnering with management leaders in core domains to identify, acquire and build market-leading companies through transformational acquisitions and organic growth. Since its inception, GTCR has invested more than $18 billion in over 200 companies.

About AB Private Credit Investors:*
US$10.4 Bil.
Investable
Capital
US$7.8 Bil.
Outstanding
Commitments
332
Transactions
Completed to Date
*Figures are approximate

Contact Us

  • Brent Humphries
  • President, AB Private
    Credit Investors
  • EMAIL BRENT
  • Evan Cohen
  • Managing Director,
    Healthcare Credit
  • EMAIL EVAN
  • Jay Ramakrishnan
  • Head of Originations;
    Healthcare
  • EMAIL JAY

December 2020

AB Private Credit Investors

Sector: Software

AB Private Credit Investors (AB-PCI) recently closed senior secured credit facilities to support Tailwind Capital’s acquisition of ArrowStream (the “Company”). AB-PCI was able to quickly deliver a flexible, fully underwritten solution as a result of its experience in structuring debt financings for software companies.

ArrowStream is the leader in supply-chain management software for the foodservice industry, enabling clients to capitalize on data to improve their supply-chain operations.

The Company’s innovative solutions address mission-critical challenges in brand protection, supply monitoring, profitability optimization and sales growth enablement across the foodservice supply chain, leveraging a single industry-wide data platform to provide unprecedented levels of transparency, control and actionable insight.

Tailwind Capital is a middle market private equity firm focused on growth-oriented investments in targeted sectors within industrials, technology and business services, and healthcare.

About AB Private Credit Investors:*
US$10.4 Bil.
Investable
Capital
US$7.3 Bil.
Outstanding
Commitments
316
Transactions
Completed to Date
*Figures are approximate

Contact Us

  • Brent Humphries
  • President, AB Private
    Credit Investors
  • EMAIL BRENT
  • Shishir Agrawal
  • Managing Director,
    Technology Credit
  • EMAIL SHISHIR

December 2020

AB Private Credit Investors

Sector: Business Services

AB Private Credit Investors (AB-PCI) served as Sole Lead Arranger and Administrative Agent for senior credit facilities to support a recapitalization of Global RADAR (DBA Global HR Research or “Global HR”) and its acquisition of Employment Screening Services (ESS). AB-PCI leveraged its expertise in financing technology-enabled business services to efficiently deliver a flexible financing solution.

Global HR and ESS provide background screening and drug-testing solutions.

Global HR is based in Fort Myers, Florida, and was originally founded in 2005. ESS is based in Birmingham, Alabama, and was founded in 1994. The combined company serves more than 5,000 clients and delivers industry-leading technology solutions across key sectors, including healthcare, transportation, energy, education, manufacturing, restaurants, and staffing.

Global HR is owned by Renovo Capital, a Texas-based private equity investment firm that invests in lower middle market specialty manufacturing and business services companies. Since its founding in 2009, Renovo has raised over $400 million in committed capital and completed more than 25 transactions.

About AB Private Credit Investors:*
US$10.4 Bil.
Investable
Capital
US$7.9 Bil.
Outstanding
Commitments
328
Transactions
Completed to Date
*Figures are approximate

Contact Us

  • Brent Humphries
  • President, AB Private
    Credit Investors
  • EMAIL BRENT
  • Pat Gimlett
  • Managing Director,
    Originations
  • EMAIL PAT

December 2020

AB Private Credit Investors

Sector: Healthcare IT

On December 23, 2020, AB Private Credit Investors (AB-PCI) served as Sole Lead Arranger and Administrative Agent to senior secured credit facilities backing Brentwood Associates’ recapitalization of MedBridge.

MedBridge provides patient and provider engagement solutions to improve outcomes and support value-based care, staff retention, risk mitigation, and the patient experience across healthcare provider and payor organizations.

The company’s platform is widely used across multiple healthcare specialties, including physical therapy, occupational therapy, speech-language pathology and nursing.

Brentwood Associates is a Los Angeles-based private equity investment firm with a 30+ year history of investing in middle-market growth-oriented consumer and technology-enabled business services companies. Since 1984, Brentwood’s dedicated private equity team has invested in over 50 portfolio companies with an aggregate transaction value of over $6 billion.

About AB Private Credit Investors:*
US$10.4 Bil.
Investable
Capital
US$7.8 Bil.
Outstanding
Commitments
326
Transactions
Completed to Date
*Figures are approximate

Contact Us

  • Brent Humphries
  • President, AB Private Credit Investors
  • EMAIL BRENT
  • Drew Miller
  • Managing Director, Originations
  • EMAIL DREW
  • Jay Ramakrishnan
  • Head of Originations
  • EMAIL JAY

December 2020

AB Private Credit Investors

Sector: Tech-Enabled Services

AB Private Credit Investors (“AB-PCI”) served as Joint Lead Arranger for senior secured credit facilities that supported The Jordan Company’s (“TJC”) acquisition of Spectrio. AB-PCI was able to quickly deliver a flexible financing solution as an incumbent lender with significant expertise financing tech-enabled services businesses.

Spectrio is a leading provider of technology-enabled customer engagement and content management solutions, including digital signage, interactive kiosks, on-hold marketing, on-premise messaging and music, and Wi-Fi marketing.

Spectrio's subscription-based model is underpinned by a large proprietary content library including more than 10,000 templates and more than 100,000 pieces of customized, vertical specific content delivered through a proprietary, cloud-based content management software platform that enables scalable, efficient deployment of brand-compliant content for its large, diverse and location-based clients.

TJC is a middle market private equity firm with original capital commitments in excess of $13 billion. TJC has a 39-year track record of investing in and contributing to the growth of many businesses across a wide range of industries, including industrials; transportation and logistics; healthcare and consumer; and telecom, technology and utility.

About AB Private Credit Investors:*
US$10.4 Bil.
Investable
Capital
US$7.9 Bil.
Outstanding
Commitments
328
Transactions
Completed to Date
*Figures are approximate

Contact Us

  • Brent Humphries
  • President, AB Private Credit Investors
  • EMAIL BRENT
  • Jay Ramakrishnan
  • Head of Originations
  • EMAIL JAY

October 2020

AB Private Credit Investors

Sector: Healthcare IT

AB Private Credit Investors (AB-PCI) served as Lead Arranger and Administrative Agent for senior secured credit facilities that supported Accel-KKR’s acquisition of Surgical Information Systems (SIS). AB-PCI leveraged its healthcare and software expertise to efficiently deliver a flexible financing solution.

Based in Alpharetta, Georgia, SIS is the industry leader for business and clinical surgical software for ambulatory surgery centers (ASCs) and hospitals.

Founded in 1996, SIS provides business office management, clinical documentation and patient communications tools that meet the unique needs of ASCs. SIS is also a leading provider of anesthesia information management systems and perioperative solutions to hospitals and outpatient surgery departments.

​​​​​​​Accel-KKR is a technology-focused investment firm with $10 billion in capital commitments.

About AB Private Credit Investors:*
US$10.3 Bil.
Investable
Capital
US$6.8 Bil.
Outstanding
Commitments
286
Transactions
Completed to Date
*Figures estimated as of September 30, 2020

Contact Us

  • Brent Humphries
  • President, AB Private
    Credit Investors
  • EMAIL BRENT
  • Jay Ramakrishnan
  • Head of Originations
  • EMAIL JAY
  • Leon Han
  • Managing Director,
    Originations
  • EMAIL LEON
  • Evan Cohen
  • Managing Director,
    Healthcare Credit
  • EMAIL EVAN
  • Shishir Agrawal
  • Managing Director,
    Software Credit
  • EMAIL SHISHIR

October 2020

AB Private Credit Investors

Sector: Software

AB Private Credit Investors (AB-PCI) acted as Sole Bookrunner and Administrative Agent for senior credit facilities to support a recapitalization of Lexipol. AB-PCI leveraged its software expertise to efficiently deliver a flexible financing solution.

Lexipol provides policy management, training solutions, learning management software and digital media content to public safety agencies. The company is based in Frisco, TX and was originally founded in 2003.

Lexipol is owned by The Riverside Company, a global private equity firm focused on acquiring and investing in growing businesses valued at up to $400 million.

About AB Private Credit Investors:*
US$10.3 Bil.
Investable
Capital
US$6.8 Bil.
Outstanding
Commitments
286
Transactions
Completed to Date
*Figures estimated as of September 30, 2020

Contact Us

  • Brent Humphries
  • President, AB Private Credit Investors
  • EMAIL BRENT
  • Shishir Agrawal
  • Managing Director, Software Credit
  • EMAIL SHISHIR

July 2020

AB Private Credit Investors

Sector: Healthcare

AB Private Credit Investors (AB-PCI) served as Joint Lead Arranger for senior secured credit facilities that supported WindRose Health Investors’ acquisition of Caregiver. AB-PCI leveraged its expertise and knowledge in the healthcare space to deliver financing certainty during a challenging market environment.

Based outside of Fort Worth, Texas, Caregiver is a provider of home- and community-based services to more than 3,000 individuals with intellectual and developmental disabilities across Indiana, Ohio, Tennessee, and Texas. The company’s primary services include group homes, intermediate care facilities, host homes, day habilitation programs and in-home support. Caregiver utilizes a broad range of behavior support therapies as well as nursing services to provide best-in-class care.

Founded in 2000, WindRose Health Investors is a New York-based middle market buyout and growth equity investor focused on the healthcare sector. WindRose currently manages $1.2 billion of capital and is investing out of its fifth fund.

About AB Private Credit Investors:*
US$10.1 Bil.
Investable
Capital
US$6.9 Bil.
Outstanding
Commitments
280
Transactions
Completed to Date
*As of June 30, 2020

Contact Us

  • Brent Humphries
  • President, AB Private
    Credit Investors
  • EMAIL BRENT
  • Jay Ramakrishnan
  • Head of Originations
  • EMAIL JAY
  • Drew Miller
  • Managing Director,
    Originations
  • EMAIL DREW
  • Evan Cohen
  • Managing Director,
    Healthcare Credit
  • EMAIL EVAN

May 2020

AB Private Credit Investors

Sector: Education / Training

AB Private Credit Investors (AB-PCI) acted as Joint Lead Arranger and Documentation Agent for senior secured credit facilities that supported Ridgemont Equity Partners' acquisition of American Safety Council (ASC). AB-PCI leveraged its expertise and knowledge in training, certification and online delivery models to efficiently deliver the flexible financing solution during a challenging market environment.

Based in Orlando, Florida, American Safety Council provides critical training and education to more than two million customers each year. ASC collaborates with federal and state agencies, higher learning institutions, trade associations and iconic industry brands to ensure the content of the company’s online courses is best-in-class and compliant with applicable laws, regulations and industry standards.

Ridgemont Equity Partners is a Charlotte-based middle market buyout and growth equity investor. Since 1993, the principals of Ridgemont have invested approximately $4.4 billion. The firm focuses on equity investments up to $250 million in industries of which it has deep expertise, including business and industrial services, energy, healthcare, and technology and telecommunications.

About AB Private Credit Investors:*
US$9.7 Bil.
of investable
capital
US$6.6 Bil.
of outstanding
commitments
272
transactions
completed to date
*As of March 31, 2020

Contact Us

  • Brent Humphries
  • President, AB Private Credit Investors
  • EMAIL BRENT

June 2020

AB Private Credit Investors

Sector: Healthcare IT

AB Private Credit Investors (AB-PCI) leveraged its healthcare and IT expertise to deliver a unitranche credit facility to support the acquisition of Citra Health Solutions by Global Healthcare Alliance (GHA). Despite the challenging market environment, AB-PCI provided financing certainty in partnership with GTCR.

GHA’s proprietary claims adjudication technology, Axia, automates the conversion of fee-for-service claims into a single, bundled claim and facilitates and manages payments between payers and providers.

Citra’s software platform, EZ-CAP, automates and manages complex capitated payment arrangements between healthcare providers and payers. The combination of the businesses creates a scaled platform providing workflow solutions to healthcare organizations across the value-based reimbursement continuum.

GTCR is a leading private equity firm focused on investing in growth companies in the Financial Services & Technology, Healthcare, Technology, Media & Telecommunications and Growth Business Services industries. The Chicago-based firm pioneered The Leaders Strategy™ – finding and partnering with management leaders in core domains to identify, acquire and build market-leading companies through transformational acquisitions and organic growth. Since its inception, GTCR has invested more than $15 billion in over 200 companies.

About AB Private Credit Investors:*
US$9.7 Bil.
of investable
capital
US$6.6 Bil.
of outstanding
commitments
272
transactions
completed to date
*As of March 31, 2020

Contact Us

  • Brent Humphries
  • President, AB Private Credit Investors
  • EMAIL BRENT
  • Evan Cohen
  • Managing Director, Healthcare Credit
  • EMAIL EVAN
  • Jay Ramakrishnan
  • Head of Originations; Healthcare
  • EMAIL JAY

May 2020

AB Private Credit Investors

Sector: Healthcare

On May 1, 2020, AB Private Credit Investors (AB-PCI) served as Documentation Agent and provided funding for a senior credit facility to back Altaris Capital Partners’ acquisition of Kindeva Drug Delivery. Kindeva is a carve-out of the 3M Drug Delivery Systems division. 3M is a diversified industrials conglomerate operating across multiple sectors, including consumer, telecommunications, security, healthcare and transportation.

Based outside of Saint Paul, Minnesota, Kindeva is a unique contract delivery and manufacturing organization focused on both drugs and their delivery devices, particularly inhalation, including asthma inhalers; transdermal, or patches that deliver drugs through the skin; and other systems. The company’s microneedle-based drug delivery platforms are currently being utilized in dozens of development programs, including programs for COVID-19 vaccines and other difficult-to-deliver therapies.

About AB Private Credit Investors:*
US$9.7 Bil.
of investable
capital
US$6.6 Bil.
of outstanding
commitments
272
transactions
completed to date
*As of March 31, 2020

Contact Us

  • Brent Humphries
  • President, AB Private Credit Investors
  • EMAIL BRENT
  • Jay Ramakrishnan
  • Head of Originations; Healthcare
  • EMAIL JAY
  • Evan Cohen
  • Managing Director, Healthcare
  • EMAIL EVAN

September 2019

AB Private Credit Investors

Sector: Digital Infrastructure & Services

AB Private Credit Investors (“AB-PCI”) acted as Sole Lead Arranger and Administrative Agent for an incremental second lien senior secured term loan to facilitate DataBank’s purchase of LightBound. LightBound is the third acquisition AB-PCI has helped DataBank, a portfolio company of Digital Bridge, complete since the original platform investment in 2016.

Founded in 2004 and based in Dallas, Texas, DataBank is a leading provider of enterprise-class data center, cloud, and connectivity services, offering customers 100% uptime availability of data, applications, and infrastructure. DataBank provides its suite of services in a truly hybrid model allowing enterprises to port workloads, technologies and even contract terms from data center to data center and from cloud to colocation, with compliance certifications to meet the most stringent demands.

Digital Infrastructure and Services, and the datacenter sub-segment, are a significant area of focus for AB-PCI. We have extensive history and deep knowledge demonstrated by our principals’ execution of financings including Contegix, Databank, DecisionOne, Flexential, Latisys, Pulsant, Q9, Single Digits, and ViaWest.

Digital Bridge maintains ownership interests in a broad range of communications infrastructure companies including datacenters, cellular and broadcasting towers, and rooftop and distributed antenna systems (DAS). It is dedicated to long-term value creation through the active management of its companies and strong alignment with its investor partners, which include leading institutions, corporations, endowments and family offices around the world.

About AB Private Credit Investors:*
US$8.7 Bil.
of investable
capital
US$6.4 Bil.
of outstanding
commitments
US$9.3 Bil.
commitments
issued to date
233
transactions
completed to date**
*Figures are approximate and as of September 30, 2019.
**Includes equity investments and transactions to upsize existing credit facilities

Contact Us

  • Brent Humphries
  • President, AB-Private Credit Investors
  • EMAIL BRENT
  • Shishir Agrawal
  • Digital Infrastructure & Services
  • EMAIL SHISHIR
  • Andrew Izzo
  • Digital Infrastructure & Services
  • EMAIL ANDREW

September 2019

AB Private Credit Investors

Sector: Educational Software

AB Private Credit Investors™ (“AB-PCI”) recently closed senior secured credit facilities to support the Apax Digital Fund’s acquisition of MetaMetrics, Inc. AB-PCI was able to quickly deliver a flexible, fully underwritten solution as a result of its experience in structuring debt financings for educational technology companies.

MetaMetrics® is an award-winning education technology organization that offers the only scientifically valid, universal scales for measuring reading and listening (Lexile®) as well as math (Quantile®). For 35 years, MetaMetrics’ work has been increasingly recognized for its research-based approach to improving learning.

The Apax Digital Fund specializes in growth equity and buyout investments in high-growth enterprise software, consumer internet, and technology-enabled services companies worldwide.

About AB Private Credit Investors:*
US$8.7 Bil.
of investable
capital
US$6.4 Bil.
of outstanding
commitments
US$9.3 Bil.
commitments
issued to date
233
transactions
completed to date**
*Figures are approximate and as of September 30, 2019.
**Includes equity investments and transactions to upsize existing credit facilities

Contact Us

  • Brent Humphries
  • President, AB-Private Credit Investors
  • EMAIL BRENT
  • Shishir Agrawal
  • Managing Director, Technology Credit
  • EMAIL SHISHIR

September 2019

AB Private Credit Investors

Sector: Digital Infrastructure & Services

AB Private Credit Investors (“AB-PCI”) acted as Sole Lead Arranger and Administrative Agent for senior secured credit facilities to recapitalize Neutral Connect Networks (“NCN”), a portfolio company of M/C Partners. AB-PCI leveraged its proactive focus and prior experience in the wireless industry to quickly and efficiently deliver a flexible financing solution with significant capacity for growth.

Founded in 2016 and based in Duluth, Georgia, NCN is a leading provider of wireless communications networks (including in-building wireless, managed Wi-Fi and small cells) used by major service providers to improve the quality of coverage with increased throughput and capacity in buildings, at sports and entertainment venues, in parks, transportation hubs, and business shopping districts around the U.S.

Based in Boston, Massachusetts, M/C Partners is a private equity firm focused exclusively on the communications, information technology services and media sectors.

About AB Private Credit Investors:*
US$8.7 Bil.
of investable
capital
US$5.9 Bil.
of outstanding
commitments
US$8.6 Bil.
commitments
issued to date
213
transactions
completed to date**
*Figures are approximate and as of June 30, 2019.
**Includes equity investments and transactions to upsize existing credit facilities

Contact Us

  • Brent Humphries
  • President, AB-Private Credit Investors
  • EMAIL BRENT
  • Evan Cohen
  • Digital Infrastructure & Services
  • EMAIL EVAN
  • Sean Kennedy
  • Digital Infrastructure & Services
  • EMAIL SEAN

June 2019

AB Private Credit Investors

Sector: Software / Technology

AB Private Credit Investors (AB-PCI) acted as Sole Lead Arranger and Administrative Agent for senior secured credit facilities that supported Great Hill Partners’ acquisition of EDB Postgres (“EDB”). AB-PCI leveraged its expertise and knowledge in enterprise technology to quickly and efficiently deliver a flexible financing solution.

Founded in 2004, EDB delivers an open source-based data management platform, optimized for greater scalability, security, and reliability. EDB makes organizations smarter while reducing risk and complexity with enterprise-proven management tools, security enhancements and Oracle compatibility. EDB has over 4,000 customers worldwide that deploy diverse workloads including transaction processing, data warehousing, customer analytics and web-based applications, both on-premises and in the cloud.

Great Hill Partners is a Boston-based private equity firm that has raised over $7 billion in commitments since inception to finance the acquisition, recapitalization, or expansion of growth companies in a wide range of sectors in business-to-business and business-to-consumer industries including software, financial and healthcare technology, digital media, eCommerce, and internet infrastructure.

About AB Private Credit Investors:*
US$8.7 Bil.
of investable
capital
US$5.9 Bil.
of outstanding
commitments
US$8.6 Bil.
commitments
issued to date
213
transactions
completed to date**
*Figures are approximate and as of June 30, 2019.
**Includes equity investments and transactions to upsize existing credit facilities

Contact Us

  • Brent Humphries
  • President, AB-Private Credit Investors
  • EMAIL BRENT
  • Jay Ramakrishnan
  • Managing Director, Originations
  • EMAIL JAY

April 2019

AB Private Credit Investors

$65,000,000

Sector: Digital Infrastructure

AB-PCI is proud to be a key capital provider to leading bandwidth infrastructure companies and we are delighted to welcome two new additions, SummitIG and Conterra Networks, to our portfolio. We appreciate the support of the SummitIG and Conterra management teams and look forward to financing the continued growth of these businesses.

SummitIG and Conterra are backed by leading private equity firms - SDC Capital Partners and Court Square Capital Partners, respectively. We are thankful for our strong relationship with these firms, the confidence they placed in us, and for their role in successfully completing these transactions.

Digital Infrastructure is a significant area of focus for AB-PCI. We have extensive history and deep knowledge in this sector demonstrated by our principals’ execution of financings which include:

+ Fiber/Broadband: Conterra, euNetworks, Fibertech, FirstLight, SummitIG, Unite Private Networks, Wilcon
+ Wireless: Extenet Systems, InSite Wireless, K2 Towers, Tower Development Corporation, Towerco, Towerpoint Capital
+ Data Centers/Managed Services: Contegix, Databank, DecisionOne, Flexential, Latisys, Pulsant, Q9, Single Digits, ViaWest

We look forward to assisting both new and existing relationships with their borrowing needs in the digital infrastructure industry.

About AB Private Credit Investors:*
US$8.7 Bil.
of investable
capital
US$5.9 Bil.
of outstanding
commitments
US$8.6 Bil.
commitments
issued to date
213
transactions
completed to date**
*Figures are approximate and as of June 30, 2019.
**Includes equity investments and transactions to upsize existing credit facilities

Contact Us

  • Brent Humphries
  • President, AB-Private Credit Investors
  • EMAIL BRENT
  • Evan Cohen
  • Digital Infrastructure & Services
  • EMAIL EVAN
  • Sean Kennedy
  • Digital Infrastructure & Services
  • EMAIL SEAN

April 2019

AB Private Credit Investors

$65,000,000

Sector: Digital Infrastructure

AB-PCI is proud to be a key capital provider to leading bandwidth infrastructure companies and we are delighted to welcome two new additions, SummitIG and Conterra Networks, to our portfolio. We appreciate the support of the SummitIG and Conterra management teams and look forward to financing the continued growth of these businesses.

SummitIG and Conterra are backed by leading private equity firms - SDC Capital Partners and Court Square Capital Partners, respectively. We are thankful for our strong relationship with these firms, the confidence they placed in us, and for their role in successfully completing these transactions.

Digital Infrastructure is a significant area of focus for AB-PCI. We have extensive history and deep knowledge in this sector demonstrated by our principals’ execution of financings which include:

+ Fiber/Broadband: Conterra, euNetworks, Fibertech, FirstLight, SummitIG, Unite Private Networks, Wilcon
+ Wireless: Extenet Systems, InSite Wireless, K2 Towers, Tower Development Corporation, Towerco, Towerpoint Capital
+ Data Centers/Managed Services: Contegix, Databank, DecisionOne, Flexential, Latisys, Pulsant, Q9, Single Digits, ViaWest

We look forward to assisting both new and existing relationships with their borrowing needs in the digital infrastructure industry.

About AB Private Credit Investors:*
US$8.7 Bil.
of investable
capital
US$5.9 Bil.
of outstanding
commitments
US$8.6 Bil.
commitments
issued to date
213
transactions
completed to date**
*Figures are approximate and as of June 30, 2019.
**Includes equity investments and transactions to upsize existing credit facilities

Contact Us

  • Brent Humphries
  • President, AB-Private Credit Investors
  • EMAIL BRENT
  • Evan Cohen
  • Digital Infrastructure & Services
  • EMAIL EVAN
  • Sean Kennedy
  • Digital Infrastructure & Services
  • EMAIL SEAN

June 2019

AB Private Credit Investors

$226,000,000

Sector: Healthcare

AB Private Credit Investors (AB-PCI) provided financing as a club lender to recapitalize Encore Rehabilitation, a portfolio company of Revelstoke Capital. Total commitments to the senior secured credit facilities were $226 million. AB-PCI leveraged its strong expertise and knowledge in the healthcare sector to quickly and efficiently deliver a flexible financing solution. Ally Corporate Finance acted as Administrative Agent on the transaction.

Founded in 2007, Encore Rehabilitation is a national independent provider of outsourced rehabilitation therapy services primarily to skilled nursing facilities across 30 states. Core service offerings include physical therapy, occupational therapy, speech therapy, respiratory therapy, pediatric school services, and facility support services.

Revelstoke Capital Partners is a Denver-based private equity firm founded in 2013 that has raised $1.25 billion of equity to date to make control investments in U.S. middle market companies with a focus on healthcare and related business services.

About AB Private Credit Investors:*
US$8.7 Bil.
of investable
capital
US$5.9 Bil.
of outstanding
commitments
US$8.6 Bil.
commitments
issued to date
213
transactions
completed to date**
*Figures are approximate and as of June 30, 2019.
**Includes equity investments and transactions to upsize existing credit facilities

Contact Us

  • Brent Humphries
  • President, AB-Private Credit Investors
  • EMAIL BRENT
  • Daniel Weiss
  • Managing Director, Healthcare and Healthcare Technology Originations
  • EMAIL DANIEL
  • Evan Cohen
  • Managing Director, Healthcare Credit
  • EMAIL EVAN

March 2019

AB Private Credit Investors

Sector: Healthcare

AB Private Credit Investors (“AB-PCI”) acted as administrative agent and sole lender for a senior credit facility supporting an affiliate of Sun Capital Partners’ acquisition of Delaware Valley Management Holdings, Inc. (d.b.a. “Simply Beautiful Smiles”). Simply Beautiful Smiles is a leading dental services organization. AB-PCI leveraged its experience and knowledge of the dental sector to quickly and efficiently deliver a flexible structure.

Simply Beautiful Smiles operates 20 locations in Pennsylvania and New Jersey, providing high quality general dentistry, hygiene, and specialty services.

Sun Capital, a global private equity firm, has invested in more than 365 companies worldwide with revenues of approximately $50 billion across a broad range of industries and transaction structures.

About AB Private Credit Investors:*
US$8.4 Bil.
of investable
capital
US$5.4 Bil.
of outstanding
commitments
US$7.7 Bil.
commitments
issued to date
192
transactions
completed to date**
*Figures are approximate and as of March 31, 2019. **Includes equity investments and transactions to upsize existing credit facilities

Contact Us

  • Brent Humphries
  • President, AB-Private Credit Investors
  • EMAIL BRENT
  • Evan Cohen
  • Managing Director, Healthcare Credit
  • EMAIL EVAN

April 2019

AB Private Credit Investors

$175,000,000

Sector: Software

AB Private Credit Investors™ (“AB-PCI”) recently closed a senior secured credit facility to refinance SirsiDynix, a portfolio company of ICV Partners. AB-PCI delivered a flexible, fully underwritten solution by utilizing its expertise in structuring transactions for software companies.

SirsiDynix is a provider of library management software to more than 23,000 libraries around the world. Through library management technology and search and discovery tools, libraries using SirsiDynix technology bring relevant resources and the power of knowledge to their users and communities.

Founded in 1998, ICV Partners is a leading private investment firm that supports management leaders of strong lower middle market companies. Over its four funds, the principals of ICV have crafted a strong track record of helping companies expand their footprint and improve performance over the long term and across a variety of industries.

About AB Private Credit Investors:*
US$8.4 Bil.
of investable
capital
US$5.4 Bil.
of outstanding
commitments
US$7.7 Bil.
of commitments
issued to date
192
transactions
completed to date**
*Figures are approximate and as of March 31, 2019. **Includes equity investments and transactions to upsize existing credit facilities

Contact Us

  • Brent Humphries
  • President, AB-Private Credit Investors
  • EMAIL BRENT

November 2018

AB Private Credit Investors

Sector: Distribution

AB Private Credit Investors (“AB-PCI”) acted as administrative agent and sole lender of a senior credit facility to support the merger of Trade Supplies, LLC (“Trade Supplies”), a portfolio company of Sole Source Capital (“SSC”), and Individual FoodService (“IFS”). The combined company creates one of the largest non-perishable foodservice distributor and packaging solution providers in California. AB-PCI leveraged its expertise and knowledge in the foodservice distribution and restaurant end-market industries to quickly and efficiently deliver a flexible structure.

With over 130 years of combined operating history, the combined company will distribute eco-friendly and custom-branded packaging, paper and plastic disposables, unique catering items, food products, janitorial supplies, healthcare facility products and other foodservice smallwares and equipment to its more than 5,000 weekly customers, which include fast casual, family-owned and major chain restaurants, food processors, caterers, bakeries, schools, large public venues, hospitals, healthcare facilities and foodservice distributors.

Founded in 2016 by David Fredston and an experienced group of private equity professionals, Sole Source Capital is an operationally-focused lower-middle market investment firm that targets investments in manufacturing, distribution, and industrial service companies.

About AB Private Credit Investors:*

US$6.9 Bil.
of investable
capital
US$6.2 Bil.
of commitments
issued to date
152
transactions
completed to date**
*As of September 30, 2018. **Includes upsizes to existing credit facilities

Contact Us

  • Brent Humphries
  • President, AB-Private Credit Investors
  • EMAIL BRENT

October 2018

AB Private Credit Investors

Sector: Healthcare IT

AB Private Credit Investors (AB-PCI) provided a unitranche credit facility to support GTCR-backed Cedar Gate Technologies, acquisition of Global Healthcare Alliance. AB-PCI leveraged its healthcare and IT expertise to deliver an efficient financing solution.

“As a leading provider of SaaS technology and technology-enabled services, GHA is attractively positioned to assist payors and providers in their transition to value-based care,” noted Patrick Fear, Managing Director of AB-PCI. “We are excited to partner with GTCR, and Dave Snow, Cedar Gate’s CEO, and look forward to supporting the Company’s future growth.”

GHA developed a proprietary SaaS claims adjudication technology, Axia™, that automates the conversion of fee-for-service claims into a single, bundled claim, and facilitates and manages payments between payors and providers. It enables healthcare entities to successfully manage prospective bundled payment programs for multiple clinical specialties. GHA has processed over 2.25 million distinct bundles since inception

GTCR is a leading private equity firm focused on investing in growth companies in the Financial Services & Technology, Healthcare, Technology, Media & Telecommunications and Growth Business Services industries. The Chicago-based firm pioneered The Leaders Strategy™ – finding and partnering with management leaders in core domains to identify, acquire and build market-leading companies through transformational acquisitions and organic growth. Since its inception, GTCR has invested more than $15 billion in over 200 companies.

About AB Private Credit Investors:*
US$7.8 Bil.
of investable
capital
US$4.7 Bil.
of outstanding
commitments
US$7.0 Bil.
commitments
issued to date
175
transactions
completed to date**
*As of December 31, 2018. **Includes upsizes to existing credit facilities

Contact Us

  • Brent Humphries
  • President, AB-Private Credit Investors
  • EMAIL BRENT
  • Jay Ramakrishnan
  • Managing Director, Healthcare Originations
  • EMAIL JAY
  • Evan Cohen
  • Managing Director, Healthcare Credit
  • EMAIL EVAN

November 2018

AB Private Credit Investors

$53,500,000

Sector: Restaurants and Franchising

AB Private Credit Investors (AB-PCI) acted as administrative agent and sole lead arranger of a $53.5 million senior credit facility to recapitalize Tropical Smoothie Café, a portfolio company of 10 Point Capital. AB-PCI leveraged its strong expertise and knowledge in the restaurant and franchising industries to quickly and efficiently deliver a flexible senior credit facility. Comvest Credit Partners acted as Documentation Agent on the transaction.

Bob Bielinski, Managing Director of AB-PCI, said, “It’s exciting to partner with strong, growing brands like Tropical Smoothie Café and strategic equity partners like 10 Point. 10 Point has assembled a world class management team to continue to build on the strong momentum in the business.”

Scott Pressly, Managing Partner of 10 Point, said, “AB-PCI utilized its industry expertise to understand our business and its financing needs, and they delivered a flexible financing structure that met those needs.”

Founded in 1997, Tropical Smoothie Café franchises a chain of 712 fast casual restaurants in 43 states serving signature smoothies, sandwiches, flat breads and salads and is the third largest smoothie concept restaurant in the country.

10 Point Capital is an independent private equity firm located in Atlanta, GA. 10 Point has a 20+ year proven track record of accelerating growth and profitability for multi-unit and franchise brands.

About AB Private Credit Investors:*
US$6.9 Bil.
of investable
capital
US$6.2 Bil.
of commitments
issued to date
152
transactions
completed to date**
*As of September 30, 2018. **Includes upsizes to existing credit facilities

Contact Us

  • Brent Humphries
  • President, AB-Private Credit Investors
  • EMAIL BRENT
  • Bob Bielinski
  • Managing Director, Restaurant and
    Franchising Originations
  • EMAIL BOB
  • Justin Grimm
  • Managing Director,
    Restaurant and Franchising
    Credit
  • EMAIL JUSTIN

July 2018

AB Private Credit Investors

Sector: Software & Services

AB Private Credit Investors™ (“AB-PCI”) recently closed a unitranche credit facility to recapitalize Veriforce, a portfolio company of Greenridge Investment Partners. AB-PCI delivered a flexible structure by utilizing its expertise in structuring transactions for high growth software providers.

Veriforce is a leader in regulatory compliance and contractor management solutions for oil and gas companies. Their services include: Operator Qualification (OQ), drug & alcohol testing, computer based training, and contractor safety management. They are the only OQ service provider that verifies, audits, and has complete documentation for all the necessary compliance records.

Greenridge Investment Partners is a private equity firm located in Austin, TX. Greenridge invests in leading middle-market businesses with attractive growth characteristics and proven track records of profitability.

About AB Private Credit Investors:*
US$6.3 Bil.
of investable
capital
US$5.6 Bil.
of commitments
issued to date
133
transactions
completed to date**
*As of June 30, 2018. **Includes upsizes to existing credit facilities

Contact Us

  • Brent Humphries
  • President, AB-Private Credit Investors
  • EMAIL BRENT

June 2018

AB Private Credit Investors

Sector: Healthcare

AB Private Credit Investors (AB-PCI) provided a $100 million commitment to a unitranche credit facility supporting Altaris Capital Partners’ acquisition of Analogic Corporation (NYSE: ALOG). AB-PCI leveraged its healthcare expertise to effectively deliver a meaningful commitment to the financing facility.

“As a market leader with a history of technological innovation and a high-quality reputation, Analogic is attractively positioned in the medical and security imaging space,” noted Jay Ramakrishnan, Managing Director of AB-PCI. “We are excited to partner with Altaris, Analogic’s management team, and MidCap Financial as agent, and look forward to supporting the Company’s future growth.”

Analogic provides leading-edge healthcare and security technology solutions to advance the practice of medicine and save lives. Analogic is recognized around the world for advanced imaging and real-time guidance technologies used for disease diagnosis and treatment as well as for automated threat detection.

Altaris Capital Partners is an investment firm focused on the healthcare industry. Altaris actively manages $2.4 billion of equity capital and invests in businesses that deliver value to the healthcare system by improving patient outcomes, eliminating unnecessary costs, increasing efficiency and aligning stakeholder incentives. Since inception in 2003, Altaris has made 35 platform investments and has worked closely and collaboratively with the management teams of its portfolio companies to support growth and capital appreciation.

About AB Private Credit Investors:*
US$6.3 Bil.
of investable
capital
US$5.6 Bil.
of commitments
issued to date
133
transactions
completed to date**
*As of June 30, 2018. **Includes upsizes to existing credit facilities

Contact Us

  • Brent Humphries
  • President, AB-Private Credit Investors
  • EMAIL BRENT
  • Jay Ramakrishnan
  • Managing Director, Originations
  • EMAIL JAY

June 2018

AB Private Credit Investors

Sector: Software

AB Private Credit Investors (AB-PCI) acted as Administrative Agent and Sole Lender for a senior secured credit facility to support SFW Capital Partners’ acquisition of Swiftpage.

Swiftpage, with operations in Denver, CO, Scottsdale, AZ, and Newcastle, UK, is a leading provider of software and services that help small and mid-sized businesses grow. Swiftpage is the maker of Act!, the pioneer and an innovator in the CRM space, serving over 500,000 users in over 100 countries. The award winning solution makes it easy for small businesses to grow with powerful sales and marketing tools and a flexible CRM platform.

SFW Capital Partners is a specialized private equity firm that invests in mid-sized companies across the information value chain, with a particular focus on information, software, and analytical instrumentation, a sector that the principals of SFW have invested in for over 20 years. SFW’s businesses manage and provide information, analytics, and workflow solutions that support critical decision-making and knowledge transfer processes across all major industries and business functions.

About AB Private Credit Investors:*
US$6.3 Bil.
of investable
capital
US$5.6 Bil.
of commitments
issued to date
118
transactions
completed to date**
*As of June 30, 2018. **Includes upsizes to existing credit facilities

Contact Us

  • Brent Humphries
  • President, AB-Private Credit Investors
  • EMAIL BRENT

April 2018

Private Credit Investors

Sector: Software

AB Private Credit Investors (AB-PCI) acted as Joint Lead Arranger and Documentation Agent for a unitranche credit facility to support Welsh, Carson, Anderson, and Stowe (WCAS) and Technology Crossover Venture’s (TCV) acquisition of Avetta.

Avetta provides cloud-based supply chain risk management software that allows enterprises to more effectively manage and qualify service providers performing activities across their global operating sites. The company’s platform connects over 220 enterprise clients to over 55,000 service providers across 100 countries.

WCAS focuses its investment activity in two target industries: technology and healthcare. Since its founding in 1979, WCAS has organized 16 limited partnerships with total capital of over $22 billion.

About AB Private Credit Investors:*
US$5.8 Bil.
of investable
capital
US$4.7 Bil.
of commitments
issued to date
118
transactions
executed to date
*As of March 31, 2018

Contact Us

  • Brent Humphries
  • President, AB-Private Credit Investors
  • EMAIL BRENT
  • Jay Ramakrishnan
  • Managing Director, Originations
  • EMAIL JAY

May 2018

Private Credit Investors

Sector: Healthcare

AB Private Credit Investors (“AB-PCI”) provided a $75,000,000 senior secured credit facility to support multiple add-on acquisitions and future growth capital initiatives by Pinnacle Dermatology, a portfolio company of Chicago Pacific Founders.

AB-PCI leveraged its experience and knowledge of healthcare practice management and multi-site businesses to deliver a facility tailored to meet the specific demands of the platform, including availability for significant further add-on and de novo growth.

Pinnacle Dermatology delivers a comprehensive suite of medical, surgical, cosmetic and pathology lab services to patients throughout the Midwest. Pinnacle’s shared services infrastructure supports each acquired and de novo practice with operational, revenue cycle management and marketing services to maximize the patient experience.

Chicago Pacific Founders is a leading middle market private equity firm exclusively focused on investments in the healthcare services sector.

About AB Private Credit Investors:*
US$5.8 Bil.
of investable
capital
US$4.7 Bil.
of commitments
issued to date
118
transactions
executed to date
*As of March 31, 2018

Contact Us

  • Brent Humphries
  • President, AB-Private Credit Investors
  • EMAIL BRENT
  • Jay Ramakrishnan
  • Managing Director, Originations
  • EMAIL JAY

June 2018

Private Credit Investors

Sector: Software

AB Private Credit Investors (AB-PCI) acted as Sole Lead Arranger and Administrative Agent for a unitranche credit facility supporting Leeds Equity Partners’ acquisition of Exterro. AB-PCI leveraged its considerable experience in investing in technology businesses serving the legal and professional services end markets to deliver a unique financing solution.

Exterro is a leading provider of e-discovery software designed for legal and IT teams at Global 2000 and AmLaw 200 organizations. Exterro's e-discovery and information governance software integrates with existing IT, HR and legal systems to deliver complete visibility into all critical data required for managing information assets more efficiently.

Leeds Equity Partners is a sector-focused private equity firm dedicated exclusively to partnering with management teams in the education, training, software and information services industries. Leeds has invested over $2.6B of capital across its portfolio companies in its twenty-year history.

About AB Private Credit Investors:*
US$5.8 Bil.
of investable
capital
US$4.7 Bil.
of commitments
issued to date
118
transactions
executed to date
*As of March 31, 2018

Contact Us

  • Brent Humphries
  • President, AB-Private Credit Investors
  • EMAIL BRENT

March 2018

Private Credit Investors

Sector: Business Services

AB Private Credit Investors (AB-PCI) acted as Administrative Agent and Joint Lead Arranger for a senior credit facility to support Comvest Partners’ acquisition of Engage2Excel (“E2E”).

E2E is a leading provider of employee recognition, sales incentives, talent acquisition and consumer loyalty solutions and services. Headquartered in Statesville, North Carolina, E2E’s solutions focus on attracting, retaining, and engaging both employees and customers to increase productivity and profitability. E2E maintains relationships across a diversified client base ranging from Fortune 100 companies to small and medium-sized businesses.

Comvest Partners is a private investment firm providing equity and debt capital to middle-market companies across North America. Comvest’s funds have over $3.1 billion of assets under management.

About AB Private Credit Investors:*
US$5.8 Bil.
of investable
capital
US$4.7 Bil.
of commitments
issued to date
118
transactions
executed to date
*As of March 31, 2018

Contact Us

February 2018

Private Credit Investors

$200,000,000

Sector: Energy

AB Private Credit Investors as Co-Lead Arranger and Administrative Agent, upsized its existing $120 million credit facility to $200 million. Proceeds from the upsize will help finance the continued development of Caprock’s gathering and processing assets.

AB-PCI leveraged its experience and knowledge of the energy industry to deliver capital availability for significant future growth.

Caprock Midstream provides natural gas gathering, processing, oil gathering, water gathering and water disposal in the Delaware Basin, and was founded in 2015 through a partnership with Energy Spectrum Partners VII, LP.

Energy Spectrum Partners VII is the latest fund of Energy Spectrum Capital, a leading private equity firm that has raised over $3.5 billion since inception in 1996 focused exclusively on the energy industry.

About AB Private Credit Investors:*
US$5.6 Bil.
of investable
capital
US$4.3 Bil.
of commitments
issued to date
108
transactions
executed to date
*As of December 31, 2017

Contact Us

  • Kevin Alexander
  • Managing Director, Credit
  • EMAIL KEVIN

November 2017

Private Credit Investors

$177,000,000

Sector: Specialty Finance

AB Private Credit Investors (AB-PCI), as Sole Arranger and Administrative Agent, upsized its existing $100 million credit facility to $177 million in support of Keg Logistics acquisition of Keg Credit. AB-PCI utilized its scale and flexibility to solely deliver a fully underwritten solution to support this transformative acquisition.

Prior engagements with Keg Logistics include Seaport Capitals original acquisition of the company in a change of control transaction and its earlier purchase of Atlas Keg.

Keg Logistics is owned by Seaport Capital. Seaport Capital invests in middle market companies with recurring revenue business models in the communications, business services and media sectors.

Keg Logistics is a leading provider of keg financing and management services to over 2,000 craft breweries and wineries globally. Started by industry veteran Chris Sapyta, Keg Logistics enables its customers to maximize their growth and profitability through flexible keg supply options. In addition to keg financing, Keg Logistics also manages domestic and international logistics, including 3PL logistics support.

About AB Private Credit Investors:*
US$5.6 Bil.
of investable
capital
US$4.3 Bil.
of commitments
issued to date
108
transactions
executed to date
*As of December 31, 2017

Contact Us

March 2019

Private Credit Investors

$185,000,000

Transaction Announcement

Sector: Healthcare

AB Private Credit Investors (AB-PCI) provided financing as a club lender to recapitalize RxBenefits, a portfolio company of Great Hill Partners. Total commitments to the senior secured credit facilities were $185 million. AB-PCI leveraged its strong expertise and knowledge in the healthcare sector to quickly and efficiently deliver a flexible financing solution. Madison Capital acted as Administrative Agent on the transaction.

Founded in 1995, RxBenefits is a scaled, PBM-agnostic pharmacy platform that works collaboratively with benefit consultants to serve self-funded employers, third-party administrators, and health plans. As the only platform with real-time data access and connectivity to the nation’s three largest PBMs, RxBenefits provides optimized mid-market pharmacy solutions that rival those offered to Fortune 100 companies.

Great Hill Partners is a Boston-based private equity firm that has raised over $5 billion in commitments since inception to finance the acquisition, recapitalization, or expansion of growth companies in a wide range of sectors in business-to-business and business-to-consumer industries including software, financial and healthcare technology, digital media, eCommerce, and internet infrastructure.

Contact Us

  • Brent Humphries
  • President, AB Private Credit Investors
  • EMAIL BRENT
  • Jay Ramakrishnan
  • Managing Director, Healthcare and Healthcare Technology Originations
  • EMAIL JAY
  • Evan Cohen
  • Managing Director, Healthcare and Healthcare Technology Credit
  • EMAIL EVAN

June 2019

Private Credit Investors

$320,000,000

Transaction Announcement

Sector: Energy

AB Private Credit Investors (AB-PCI) was Administrative Agent and Lead Arranger for a $320MM term loan to Nine Point Energy, an upstream Oil & Gas producer, to fund the Company’s development program. AB-PCI leveraged its energy industry knowledge and structuring expertise to deliver a flexible financing solution.

Nine Point is a private exploration and production company focused on the safe, efficient development of oil and gas assets in the Williston Basin of North Dakota where it produces approximately 15,000 barrels of oil equivalent per day across 53,000 net acres, primarily in McKenzie and Williams Counties.

Contact Us

  • Brent Humphries
  • President, AB Private Credit Investors
  • EMAIL BRENT
  • Pat Gimlett
  • Managing Director, Energy Originations
  • EMAIL PAT
  • Kevin Alexander
  • Managing Director, Credit
  • EMAIL KEVIN

April 2019

Private Credit Investors

Transaction Announcement

Sector: Software / Financial Technology

AB Private Credit Investors (“AB-PCI”) acted as Administrative Agent and sole lender for senior secured credit facilities that supported Broadway Technology’s acquisition of Barracuda FX. Broadway Technology is a portfolio company of Long Ridge Equity Partners.

Broadway Technology is a leading provider of high-performance fixed income and foreign exchange (“FX”) solutions to buy-side and sell-side clients. Barracuda FX is a market leader in the FX order management space – developing the functional capabilities, technology platform, and service infrastructure to meet the needs of the demanding modern FX market. The combination of the two companies will ensure an enhanced executive-level focus on FX and accelerated product roadmaps for clients who want to expand across asset classes. Together, the companies now serve 50% of the global top 50 banks.

Founded in 2007, Long Ridge invests in growth stage companies that are transforming financial and business technology. With over $400 million of committed capital, Long Ridge partners with visionary entrepreneurs to build sector leaders. Long Ridge is based in New York City and can be contacted at www.long-ridge.com.

Contact Us

  • Brent Humphries
  • President, AB Private Credit Investors
  • EMAIL BRENT

January 2018

Private Credit Investors

$77,000,000

Transaction Announcement

Sector: Healthcare

AB Private Credit InvestorsTM ("AB-PCI") provided a $77,000,000 senior secured credit facility to support multiple add-on acquisitions and future growth capital initiatives by Platinum Dermatology, a portfolio company of Sterling Partners.

AB-PCI leveraged its experience and knowledge of healthcare practice management and multi-site businesses to deliver a facility tailored to meet the specific demands of the platform, including availability for significant further add-on and de novo growth.

Platinum Dermatology provides practice management services to dermatology groups offering medical and cosmetic services.

About Company: Sterling Partners is a Chicago based private equity firm with deep expertise investing in middle market growth opportunities in the healthcare services and business services industries.

Contact Us

  • Brent Humphries
  • President, AB-PCI
  • EMAIL BRENT
  • (512) 721-2916
  • Jay Ramakrishnan
  • Originations
  • EMAIL JAY
  • (212) 969-6065

December 2017

Private Credit Investors

Transaction Announcement

Sector: Software

AB Private Credit InvestorsTM ("AB-PCI") jointly led a unitranche credit facility to support CVC Growth Fund's acquisition of VelocityEHS.

VelocityEHS is the leading global provider of cloud-based environment, health and safety ("EHS") software. Its comprehensive software platform and innovative mobile solutions aim to make enterprise-level EHS functionality accessible and affordable to businesses of all sizes, helping them efficiently meet complex compliance and regulatory challenges.

About Company: CVC Growth Fund focuses on middle-market, high-growth companies in the software and technology-enabled business services sectors. The fund primarily targets equity investments between $50 million and $200 million in North America and Europe.

Contact Us

  • Brent Humphries
  • President, AB-PCI
  • EMAIL BRENT
  • (512) 721-2916
  • Jay Ramakrishnan
  • Originations
  • EMAIL JAY
  • (212) 969-6065

December 2017

Private Credit Investors

Transaction Announcement

Sector: Software

AB Private Credit Investors ("AB-PCI") recently acted as Joint Lead Arranger for senior secured credit facilities to support Clearlake Capital's acquisition of Perforce. AB-PCI was able to quickly deliver a commitment and close on the facilities by utilizing its software industry expertise and structuring flexibility.

Perforce is a leading provider of enterprise scale software solutions to technology developers and development operations ("DevOps") teams requiring productivity, visibility and scale during all phases of the development lifecycle. Enterprises across the globe rely on its agile project management, developer collaboration, version control and repository management solutions as the foundation for successful DevOps.

About Company: Clearlake Capital Group, L.P. is a leading private investment firm founded in 2006. The firm's core target sectors are software and technology-enabled services; industrials and energy; and consumer.

Contact Us

  • Brent Humphries
  • President, AB-PCI
  • EMAIL BRENT
  • (512) 721-2916
  • Drew Miller
  • Originations
  • EMAIL DREW
  • (512) 721-2920

December 2017

Private Credit Investors

$60,000,000

Transaction Announcement

Sector: Comms / IT Infrastructure & Services

AB Private Credit Investors (AB-PCI) acted as Administrative Agent and Sole Lead Arranger for the funding of a $60 million senior credit facility to support Oak Lane Partners recapitalization of D1M Holdings ("D1M").

D1M provides third-party maintenance, IT infrastructure optimization, and a full suite of managed services to Fortune 1000 companies for data center and other business environments. The company provides managed service IT solutions that include hardware maintenance, asset lifecycle management, warranty support, help desk, print management, cloud migration, storage optimization, and security management, among others, largely with its own captive W-2 workforce. D1M is headquartered in Wayne, PA and has a global presence with operations on five continents.

About Company: Oak Lane Partners is a private investment firm that has significant experience acquiring businesses and working with management teams to create meaningful value. Oak Lane Partners invests capital in numerous industries across North America.

Contact Us

  • Brent Humphries
  • President, AB-PCI
  • Hardeep Saini
  • Sponsor Originations
  • Patrick Fear
  • Comms/IT Infra. & Services Originations
  • Kevin Alexander
  • Comms/IT Infra. & Services Credit

October 2017

Private Credit Investors

$325,000,000

Transaction Announcement

Sector: Healthcare

AB Private Credit InvestorsTM ("AB-PCI") joined incumbent and new lenders as co-syndication agent for $325,000,000 of senior secured credit facilities provided to support Linden Capital Partners in its acquisition of Smile Doctors.

AB-PCI leveraged its strong expertise and knowledge in the healthcare/dental sector to quickly and efficiently deliver a commitment to the facilities in partnership with Twin Brook Capital Partners as agent.

"Smile Doctors' scale and unique concept that emphasizes the patient experience delivers a strong value proposition to its customers and employees," said Daniel Weiss of AB-PCI, "We are excited to help finance the acquisition and support management as they enter the next phase of growth."

About Company: Smile Doctors is a specialty dental services organization focused on supporting orthodontists to provide high quality, corrective dental procedures in a friendly, patient-focused, service-oriented environment. Smile Doctors supports orthodontists in over 90 locations across eleven states.

Contact Us

  • Brent Humphries
  • President, AB-PCI
  • EMAIL BRENT
  • (512) 721-2916
  • Daniel Weiss
  • Midwest Origination
  • EMAIL DANIEL
  • (312) 696-7886
  • Evan Cohen
  • Healthcare Credit
  • EMAIL EVAN
  • (512) 721-2912

September 2017

Private Credit Investors

$240,000,000

Transaction Announcement

Sector: Healthcare

AB Private Credit InvestorsTM ("AB-PCI") participated in a unitranche credit facility led by MidCap Financial to support the AGIC and Humanwell led acquisition of The Ritedose Corporation ("Ritedose"). AB-PCI leveraged its healthcare expertise to quickly deliver a meaningful commitment to the financing facility.

"As a market leader with a strong, high quality reputation, Ritedose is attractively positioned in the pharmaceutical manufacturing space to capitalize on favorable industry trends" noted Jay Ramakrishnan, Managing Director of AB-PCI. "We are excited to work with AGIC, Humanwell, MidCap and Ritedose and look forward to helping the Company continue its strong growth."

About Company: Ritedose is a leader in blow-fill-seal (BFS) manufacturing of inhalation products, eye drops, eardrops, and unit dose oral liquids on behalf of its customers and under its own label.

Contact Us

  • Brent Humphries
  • President, AB-PCI
  • EMAIL BRENT
  • (512) 721-2916
  • Evan Cohen
  • Managing Director, Credit
  • EMAIL EVAN
  • (512) 721-2912

September 2017

Private Credit Investors

Transaction Announcement

Sector: Software

AB Private Credit InvestorsTM ("AB-PCI") recently closed a unitranche credit facility to support Francisco Partners' investment in NMI. AB-PCI quickly and efficiently provided a commitment by utilizing its expertise in underwriting software and payments businesses.

NMI provides payments enablement technology that empowers ISOs, VARs, ISVs and payment facilitators to offer branded payment gateway services without building or maintaining their own technology. NMI serves over 1,000 affiliates and 100,000 merchants.

About Company: Francisco Partners is a leading global private equity firm, which specializes in investments in technology businesses. Since its launch over 17 years ago, Francisco Partners has raised over $10 billion in capital and invested in more than 200 technology companies, making it one of the most active and longstanding investors in the technology industry. The firm invests in opportunities where its deep knowledge and operational expertise can help companies realize their full potential.

Contact Us

  • Brent Humphries
  • President, AB-PCI
  • EMAIL BRENT
  • (512) 721-2916
  • Jay Ramakrishnan
  • Managing Director, Originations
  • EMAIL JAY
  • (212) 969-6065

August 2017

Private Credit Investors

$72,500,000

Transaction Announcement

Sector: Software

AB Private Credit InvestorsTM ("AB-PCI") recently closed a unitranche credit facility to support True Wind Capital's acquisition of ARI Networks Services Inc ("ARI"). AB-PCI quickly and efficiently delivered a fully underwritten financing solution by utilizing its software industry expertise and structuring flexibility.

AB-PCI was the sole lender on the transaction and invested alongside True Wind Capital in the equity as well.

ARI offers an award-winning suite of SaaS, software tools and marketing services to help more than 23,500 equipment dealers, 195 distributors and 3,360 brands Sell More Stuff!TM - online and in-store.

True Wind Capital is a San Francisco-based private equity firm managing $560 million. True Wind is focused on investing in leading technology companies. True Wind is a value-added partner, providing support and expertise that is rooted in 50+ years of collective investing experience.

Contact Us

  • Brent Humphries
  • President, AB-PCI
  • EMAIL BRENT
  • (512) 721-2916

August 2017

Private Credit Investors

$45,000,000

Transaction Announcement

Sector: Software

AB Private Credit InvestorsTM ("AB-PCI") recently closed a $45 million unitranche credit facility to support JMI Equity's investment in Arena Solutions. AB-PCI delivered a customized, fully underwritten financing solution by utilizing its software industry expertise and structuring flexibility.

Arena is a leader in SaaS applications for the product development market, particularly in the technology, electronics, and life sciences verticals. Arena pioneered a cloud-based, all-in-one product development platform that unites product lifecycle management, application lifecycle management, supply chain collaboration and quality management systems.

JMI Equity is a growth equity firm focused on investing in leading software companies. Founded in 1992, JMI has invested in over 130 businesses in its target markets, successfully completed over 85 exits, and raised more than $3.0 billion of committed capital. JMI partners with exceptional management teams to help build their companies into industry leaders.

Contact Us

  • Brent Humphries
  • President, AB-PCI
  • EMAIL BRENT
  • (512) 721-2916
  • Drew Miller
  • Originations
  • EMAIL DREW
  • (512) 721-2920

June 2017

Private Credit Investors

$97,500,000

Transaction Announcement

Sector: Communications/IT Infrastructure and Services

AB Private Credit InvestorsTM ("AB-PCI") acted as co-lead arranger in partnership with Goldman Sachs Specialty Lending Group, L.P. ("GSSLG") for senior secured credit facilities which supported Rockbridge Growth Equity's acquisition of Kings III of America, LLC ("Kings III"), a provider of managed emergency communication solutions

"The AB-PCI team was very helpful and responsive throughout the process," said Brian Hermelin, Managing Partner, Rockbridge Growth Equity. "Their experience in financing high-growth businesses and ability to deliver a flexible solution enables Rockbridge and Kings III's management to help the company with its continued growth and expansion."

The credit facilities also provide committed funding to support new customer growth. Kings III's subscription-based, turn-key monitoring solution is uniquely positioned to capture share in the emergency communications market.

About Kings III: Kings III designs, manufactures, installs and provides 24/7 monitoring service for emergency telephones, primarily in elevators and pool facilities. The company was founded in 1989 and is headquartered in Dallas, TX.

Contact Us

  • Brent Humphries
  • President, AB-PCI
  • EMAIL BRENT
  • (512) 721-2916
  • Daniel Weiss
  • Director, Originations
  • EMAIL DANIEL
  • (312) 696-7886
  • Evan Cohen
  • Managing Director, Credit
  • EMAIL EVAN
  • (512) 721-2912

June 2017

Private Credit Investors

$75,500,000

Transaction Announcement

Sector: Business Services

AB Private Credit Investors ("AB-PCI") acted as sole lead arranger and serves as administrative agent for $75,500,000 of senior secured credit facilities provided to Vision Media ("Vision"). Proceeds from the facilities were used to refinance Vision's existing indebtedness and provide committed capital for multiple growth initiatives.

Vision, headquartered in Valencia, CA, is the premier provider of digital and physical asset management solutions to entertainment studios and consumer product companies. Vision's fulfillment and distribution services, coupled with its innovative software platforms, including industry-leading asset management sites and content distribution apps, are instrumental to its clients' success.

Vision is a portfolio company of CenterGate Capital ("CenterGate"). CenterGate is a private equity firm focused on investing in lower middle market companies with under $250 million of revenue. In order to realize their potential, these companies need flexible capital, strategic guidance and strong management teams. CenterGate brings together a balance of transactional and operational experience along with a network of advisors and strategic relationships which provide its portfolio companies with exceptional resources.

Contact Us

  • Brent Humphries
  • President, AB-PCI
  • EMAIL BRENT
  • (512) 721-2916
  • Drew Miller
  • Director, Originations
  • EMAIL DREW
  • (512) 721-2920
  • Kevin Alexander
  • Managing Director, Credit
  • EMAIL KEVIN
  • (512) 721-2911

June 2017

Private Credit Investors

Transaction Announcement

Sector: Communications / IT Infrastructure and Services

AB Private Credit InvestorsTM ("AB-PCI") recently closed on a unitranche credit facility to support Strattam Capital and its portfolio company, Contegix(r), in the acquisition of BlackMesh, a managed IT services provider specializing in web content management application hosting and secure compliance solutions. AB-PCI quickly and efficiently delivered a fully underwritten financing solution by utilizing its industry expertise and structuring flexibility.

Adrian Polak, Co-Founder and Managing Partner at Strattam Capital, commented: "AB-PCI's experience in financing data center, application hosting and related IT services businesses was really valuable during this transaction. They embraced Contegix's value proposition and executed efficiently and quickly to deliver a fully underwritten solution. We look forward to continue scaling Contegix with support from AB-PCI's flexible and sizeable capital base."

"Contegix is uniquely positioned in the application lifecycle management space with cloud and hybrid offerings to capitalize on favorable industry trends," noted Patrick Fear, Managing Director of AB-PCI. "We are excited to partner with Strattam and Contegix and look forward to helping the Company continue its strong growth."

About Contegix: Contegix(r) provides cloud, application lifecycle management, infrastructure and managed services to all markets from start-ups to enterprises.

Contact Us

  • Brent Humphries
  • President, AB-PCI
  • EMAIL BRENT
  • (512) 721-2916
  • Patrick Fear
  • Managing Director, Originations
  • EMAIL PATRICK
  • (512) 721-2913
  • Shishir Agrawal
  • Managing Director, Credit
  • EMAIL SHISHIR
  • (512) 721-2911

May 2017

Private Credit Investors

$33,000,000

Transaction Announcement

Sector: Restaurants

AB Private Credit InvestorsTM ("AB-PCI") acted as sole arranger and serves as admin agent for $33,000,000 of senior secured credit facilities for Ampler Burgers LLC ("Ampler"), a franchisee of 42 Burger King restaurants in Texas and New Mexico.

Ampler is a growth-oriented franchisee with significant area development agreements, and the credit facilities provide committed funding to support new unit growth as well as upgrades of existing units.

Investment firm, Agman, created Ampler by acquiring the assets of a leading franchisee of Burger King restaurants. Kevin Fernandez will serve as President of Ampler and Steve Wiborg will serve as Executive Chairman.

About Ampler: Ampler is one of the largest franchisees of Burger King restaurants in Texas and New Mexico with 42 units and development rights to build new units across Texas, including the Central Texas, El Paso and Laredo regions.

About Agman: Agman is a family owned, multi-strategy investment firm based in Chicago. Agman participates as a control and passive investor across a range of industries and business types and is organized into three areas: Real Estate, Private Capital and Public Markets.

Contact Us

  • Brent Humphries
  • President, AB-PCI
  • EMAIL BRENT
  • (512) 721-2916
  • Bob Bielinski
  • Restaurant Originations
  • EMAIL ROBERT
  • (312) 696-7828
  • Justin Grimm
  • Restaurant Credit
  • EMAIL JUSTIN
  • (512) 721-2915

March 2017

Private Credit Investors

$120,000,000

Transaction Announcement

Sector: Energy

AB Private Credit InvestorsTM and its affiliates ("AB-PCI") announced a $120 million credit facility co-lead and co-arranged with Goldman Sachs Specialty Lending Group ("GSSLG") to Caprock Midstream, LLC ("Caprock"). The facility will be used to fund the continued growth of Caprock's Delaware Basin buildout.

"This financing provides Caprock with the additional capital required to continue the development of our assets in the Delaware Basin in advance of our customers' needs" said Mike Forbau, CEO of Caprock Midstream.

Patrick Gimlett, a Director who leads AB-PCI's origination efforts in energy added, "Midstream infrastructure is a key area of specialization for us and we are excited to have brought our industry knowledge, structuring expertise and flexibility to bear in this transaction."

The transaction highlights AB-PCI's ongoing effort to provide capital to energy sector participants that possess high quality assets that are supported by attractive long-term fundamentals.

About Company: Caprock provides natural gas gathering, processing, oil gathering, water gathering and water disposal in the Delaware basin. Caprock was founded in 2015 through a partnership with Energy Spectrum Partners VII, LP.

Contact Us

  • Brent Humphries
  • President, AB-PCI
  • EMAIL BRENT
  • (512) 721-2916
  • Kevin Alexander
  • Energy Credit
  • EMAIL KEVIN
  • (512) 721-2911

March 2017

Private Credit Investors

$227,500,000

Transaction Announcement

Sector: Restaurants

AB Private Credit Investors ("AB-PCI") closed an upsizing of its senior secured credit facility for KBP Foods ("KBP"), from $146,500,000 to $227,500,000. The increased commitments funded a recent acquisition of 85 KFC and Taco Bell restaurants in Louisiana, Oklahoma, Arkansas, Alabama, Tennessee and Ohio. The credit facility also provides capital for future growth.

In 2016, KBP acquired 91 restaurants, and it expects to acquire additional restaurants during the rest of 2017. The company now operates 450 restaurants in 20 states.

Michael Kulp, President and CEO of KBP said, "We remain focused on strategic growth that creates value for our business and career advancement opportunities for our employees. AB-PCI has shown itself to be a financial partner that's capable of supporting this growth. This credit facility provides us with the funding we need to continue to execute our business plans."

About Company: KBP owns and operates 450 restaurants in 20 states under franchise agreements primarily with KFC and Taco Bell. The company is one of the largest domestic Yum! Brands franchisees and among the top 20 largest restaurant franchisees of any brand in the United States. www.kbp-foods.com

Contact Us

  • Brent Humphries
  • President, AB-PCI
  • EMAIL BRENT
  • (512) 721-2916
  • Bob Bielinski
  • Managing Director
  • Restaurant Originations
  • EMAIL ROBERT
  • (312) 696-7828
  • Justin Grimm
  • Managing Director
  • Restaurant Credit
  • EMAIL JUSTIN
  • (512) 721-2915

March 2017

Private Credit Investors

$130,000,000

Transaction Announcement

Sector: Software

AB Private Credit Investors ("AB-PCI") recently closed on a unitranche credit facility to support Clearlake Capital Group's acquisition of NetDocuments. AB-PCI was able to quickly deliver a fully underwritten financing solution by utilizing its software industry expertise and structuring flexibility.

Behdad Eghbali, Managing Partner at Clearlake Capital Group, commented "AB-PCI's experience in financing high-growth software businesses and its ability to deliver a fully underwritten solution allows us to position NetDocuments to become an industry consolidator. Going forward, the credit facility provides the Company the flexibility to maintain growth and create value."

"NetDocuments is uniquely positioned in the legal document management space to capitalize on favorable industry trends," noted Drew Miller, Director of AB-PCI. "We are excited to partner with Clearlake and look forward to helping the Company continue its strong growth."

About Company: NetDocuments is a provider of cloud-based document management solutions for the legal industry, serving both law firms and corporate legal departments.

Contact Us

  • Brent Humphries
  • President, AB-PCI
  • EMAIL BRENT
  • (512) 721-2916
  • Drew Miller
  • Director, Originations
  • EMAIL DREW
  • (512) 721-2920
  • Shishir Agrawal
  • Managing Director, Credit
  • EMAIL SHISHIR
  • (512) 721-2910

March 2017

Private Credit Investors

Transaction Announcement

Sector: Leading Eye Care Practice

AB Private Credit Investors (AB-PCI) provided a senior secured, unitranche credit facility to support H.I.G. Capital's strategic investment in Barnet Dulaney Perkins Eye Center ("BDP") and Southwestern Eye Center ("SWEC"). AB-PCI was the sole lender in the transaction.

Rob Wolfson, Managing Director at H.I.G. Capital commented, "The AB-PCI team was a great partner and worked diligently throughout the process, demonstrating sector knowledge, creativity, and the ability to provide flexible financing to ensure both transactions closed in an efficient and timely manner."

"BDP and SWEC each have a strong regional leadership position, with excellent brand recognition that positions them well to continue to grow in the fragmented ophthalmology market. We are excited to partner with H.I.G. and management to support the next stage of evolution for the combined business, " noted Jay Ramakrishnan, Managing Director at AB-PCI.

About Barnet Dulaney Perkins and Southwestern Eye Care: Headquartered in Phoenix, AZ and Mesa, AZ, Barnet Dulaney Perkins and Southwestern Eye Center are the leading eye care practices in Arizona offering a full range of clinical and surgical eye care. For over 30 years, the practices have been providing care to urban and underserved rural communities throughout the Southwest.

Contact Us

  • Brent Humphries
  • President, AB-PCI
  • EMAIL BRENT
  • (512) 721-2916
  • Jay Ramakrishnan
  • Healthcare Originations
  • EMAIL JAY
  • (212) 969-6065
  • Justin Grimm
  • Healthcare Credit
  • EMAIL JUSTIN
  • (512) 721-2915

January 2017

Private Credit Investors

$225,000,000

Transaction Announcement

Sector: Payment Processing

AB Private Credit Investors (AB-PCI) served as Documentation Agent and was a meaningful holder of the term loan in a $225 million senior secured credit facility ($25 million revolver and $200 million term loan) that supported the management-led recapitalization of Priority Holdings, LLC.

About Priority Holdings: Priority Holdings is the 8th largest U.S. non-bank merchant acquirer. The Company provides payment processing and business solutions to small and mid-sized businesses through its Priority Payment Systems brand and provides commercial payment solutions to larger, institutional clients through its Priority B2B brand. Priority Holdings is headquartered in Alpharetta, Georgia and is led by an experienced group of payments executives.

Contact Us

  • Brent Humphries
  • President, AB-PCI
  • EMAIL BRENT
  • (512) 721-2916

November 2016

Private Credit Investors

$195,000,000

Transaction Announcement

Sector: Franchising

AB Private Credit InvestorsTM ("AB-PCI") acted as co-lead arranger and serves as co-admin agent for a $195,000,000 senior secured credit facility for United PF Partners ("United PF"), the largest Planet Fitness franchisee in the U.S. with 63 clubs in nine states.

United PF is a growth-oriented franchisee with significant room for new club development under its area development agreements. The company has opened four new clubs since closing of the transaction, and the credit facility provides funding to support future growth plans.

Eagle Merchant Partners and JLM Financial Partners created United PF by bringing together five leading Planet Fitness franchisees. Trey Owen will serve as CEO of United PF.

About United PF Partners: United PF Partners is the largest Planet Fitness franchisee in the U.S. with 63 clubs and development rights to build new clubs across the Midwest, South and Mid-Atlantic regions. United PF currently operates clubs in nine states, including Alabama, Kansas, Louisiana, Mississippi, Missouri, Oklahoma, Pennsylvania, Texas and West Virginia.

Contact Us

  • Brent Humphries
  • President, AB-PCI
  • EMAIL BRENT
  • (512) 721-2916
  • Bob Bielinski
  • Franchising Originations
  • EMAIL ROBERT
  • (312) 696-7828
  • Justin Grimm
  • Franchising Credit
  • EMAIL JUSTIN
  • (512) 721-2951

November 2016

Private Credit Investors

$195,000,000

Transaction Announcement

Sector: Data and Information Services

AB Private Credit InvestorsTM and its affiliates ("AB-PCI") provided debt and equity capital to support DataMentors, LLC ("DataMentors") in its acquisition of V12 Group (together with DataMentors, the "Company"). AB-PCI was the sole lender to the Company's senior secured debt facility.

DataMentors and V12 Group provide data and marketing technology solutions that enable marketers to target specific consumer audiences across multiple channels. The combined company, now known as V12 Data, unites the strengths of two respected names in the data industry to deliver integrated, omnichannel data products to marketers.

"We are excited to finance the combination of DataMentors and V12 Group and support management as they enter the next phase of growth", said Drew Miller, Director of AB-PCI. "The Company's unique data solutions provide a strong value proposition to a dynamic and growing market."

Anders Eckman, CEO of V12 Data, commented that, "AB-PCI stepped up and proved to be focused, responsive and creative in delivering a debt and equity package for us to complete this transformative deal. We look forward to their partnership for many years to come."

The transaction represents AB-PCI's ongoing effort to provide capital to clients of vertically-focused and regional investment banks. JEGI, a leading independent investment bank for the global media, information, marketing, software and tech-enabled services sectors, headquartered in New York, NY, represented V12 Group in this transaction.

Contact Us

  • Brent Humphries
  • President, AB Private Credit Investors
  • EMAIL BRENT
  • (512) 721-2916
  • Drew Miller
  • Director, Originations
  • EMAIL DREW
  • (312) 696-7828
  • Evan Cohen
  • Managing Director, Credit
  • EMAIL EVAN
  • (512) 721-2912

November 2016

Private Credit Investors

Transaction Announcement

Sector: Specialty Finance

AB Private Credit InvestorsTM (AB-PCI) joined incumbent and new lenders to provide a New Senior Secured Note to support Flexpoint Ford, LLC, in its acquisition of Purchasing Power, LLC.

AB-PCI is pleased to partner with Flexpoint Ford and management, and looks forward to supporting the Company's continued growth.

"The Company's unique business model delivers a strong value proposition to its customers and their employees," said Daniel Weiss of AB-PCI, "We are excited to help finance the Purchasing Power acquisition and support management as they enter the next phase of growth."

About Purchasing Power: Purchasing Power, LLC, is one of the fastest-growing voluntary benefit companies in the industry, offering a leading employee purchase program for consumer products and services as well as providing financial tools and resources to improve employee financial wellness. Purchasing Power is available to millions of people through large companies including Fortune 500s, associations and government agencies. Headquartered in Atlanta, Purchasing Power is 'Powering People to a Better LifeTM' through its employee purchase program, financial literacy efforts and corporate social responsibility initiatives.

Contact Us

  • Brent Humphries
  • President, AB Private Credit Investors
  • EMAIL BRENT
  • (512) 721-2916
  • Justin Grimm
  • Speciality Finance Credit
  • EMAIL JUSTIN
  • (512) 721-2910

October 2016

Private Credit Investors

$145,000,000

Transaction Announcement

Sector: Leading Ingredients Manufacturer

AB Private Credit Investors (AB-PCI) participated in a senior secured, unitranche credit facility to support the acquisition of Fleischmann's Vinegar by Green Plains, a publicly traded company.

AB-PCI was among a group of lenders that provided a $130 million term loan and a $15 million revolving line of credit.

AB-PCI is pleased to partner with Management and Maranon Capital, L.P., the Agent, and looks forward to supporting the Company's continued growth.

About the Company: Fleischmann's Vinegar is an all-natural specialty ingredients company serving a range of markets and end-use applications, including: food and beverage ingredients, antimicrobials, bio-herbicides and cleaning products across the food, beverage, agricultural, industrial and wholesale markets.

Contact Us

  • Brent Humphries
  • President, AB-PCI
  • EMAIL BRENT
  • (512) 721-2916

September 2016

Private Credit Investors

Transaction Announcement

Sector: Specialty Finance

AB Private Credit InvestorsTM and its affiliates led a senior secured financing to support Keg Logistics, a Bregal Sagemount portfolio company, in its acquisition of Atlas Keg. AB-PCI was the sole lender on the transaction.

"We believe that Keg Logistics offers a unique value proposition to the craft beer industry, and the combination with Atlas further positions the Company for growth and solidifies its market position," said Jay Ramakrishnan, Managing Director of AB-PCI. "We are excited to partner with Sagemount and the management team of Keg Logistics in the acquisition of Atlas Keg."

Gene Yoon, Managing Partner of Bregal Sagemount, commented that, "AB-PCI was thoughtful and responsive on a short timeline. More importantly, they proved to be a partner in the true sense of the word, providing us the structure and flexibility necessary to meet the nuanced needs of the growing company."

Keg Logistics is a leading provider of keg and equipment financing to breweries and wineries globally. Keg Logistics provides its customers with a flexible pathway to owning their own kegs, and maximizing their growth and profitability. In addition to financing solutions, Keg Logistics also manages both domestic and international logistics, as well as 3PL support. For more information, please visit www.keglogistics.com.

Contact Us

  • Brent Humphries
  • President, AB Private Credit Investors
  • EMAIL BRENT
  • (512) 721-2916
  • Jay Ramakrishnan
  • Technology Originations
  • EMAIL JAY
  • (212) 969-6065
  • Justin Grimm
  • Speciality Finance Credit
  • EMAIL JUSTIN
  • (512) 721-2910

August 2016

Private Credit Investors

Transaction Announcement

Sector: Software and Information Security

AB Private Credit InvestorsTM ("AB-PCI") leveraged its history and expertise in underwriting high growth technology companies to provide a meaningful portion of a unitranche facility to support Vista Equity Partners' acquisition of Ping Identity.

Shortly following the initial acquisition of Ping Identity, AB-PCI, along with other incumbent lenders, provided incremental financing to support the add-on acquisition of UnboundID.

Ping Identity is the leader in Identity Defined Security for the borderless enterprise, protecting over 1.3 billion identities from data centers around the globe. With the addition of UnboundID and its capabilities of managing identities at large scale, the Ping Identity Platform will deliver the most complete solution in the Identity and Access Management market.

Contact Us

  • Brent Humphries
  • President, AB Private Credit Investors
  • EMAIL BRENT
  • (512) 721-2916
  • Jay Ramakrishnan
  • Technology Originations
  • EMAIL JAY
  • (212) 969-6065

July 2016

Private Credit Investors

$53,600,000

Transaction Announcement

Sector: Communications/ IT Infrastructure and Services

AB Private Credit InvestorsTM ("AB-PCI") leveraged its strong expertise in data centers to provide a fully underwritten second lien facility to support the Digital Bridge-led acquisition of DataBank. AB-PCI was pleased to partner with Digital Bridge and work with the first lien lenders, led by SunTrust, in connection with this transaction. AB-PCI also invested alongside Digital Bridge in the equity.

"AB-PCI is experienced financing growth businesses across the communications /IT infrastructure sector and was quick to appreciate the strong historical performance and strategic plan for DataBank. They executed very efficiently and offer a sizeable capital base to support our long-term growth strategy. I look forward to partnering with them to scale the platform." Tom Yanagi, Managing Director Digital Bridge, LLC.

DataBank is a leading provider of enterprise-class data center services offering colocation, managed, cloud and network solutions from six facilities in Dallas, Minneapolis and Kansas City.

Contact Us

  • Brent Humphries
  • President, AB Private Credit Investors
  • EMAIL BRENT
  • (512) 721-2916
  • Patrick Fear
  • Managing Director, AB Private Credit Investors
  • EMAIL PATRICK
  • (512) 721-2913

April 2016

Private Credit Investors

$45,000,000

Transaction Announcement

Sector: Software and Tech. Enabled Services

AB Private Credit InvestorsTM ("AB-PCI") leveraged its strong expertise and knowledge in the software sector to efficiently provide a unitranche senior secured financing facility to support the momentum and future growth of the business. AB-PCI was pleased to partner with Vista Equity Partners in connection with this transaction.

Social Solutions is a leading SaaS-based performance and case management software solution for the human services sector.

Contact Us

  • Brent Humphries
  • President, AB Private Credit Investors
  • EMAIL BRENT
  • (512) 721-2916
  • Jay Ramakrishnan
  • Technology Originations
  • EMAIL JAY
  • (212) 969-6065
  • Evan Cohen
  • Technology Credit
  • EMAIL EVAN
  • (512) 721-2912

March 2016

Private Credit Investors

$146,500,000

Transaction Announcement

Sector: Restaurants

AB Private Credit Investors ("AB-PCI") provided a $146,500,000 senior secured credit facility to KBP Foods ("KBP"). Use of proceeds includes refinancing KBP's existing debt, funding a recent acquisition of 91 KFC and Taco Bell restaurants, and funding future growth. Bob Bielinski, Managing Director of AB-PCI, said, "Best in class is an overused term today, but Mike Kulp and the KBP team are truly best in class operators. Their track record of improving operations at acquired businesses is unmatched." Michael Kulp, President and CEO of KBP said, "Not only did AB-PCI provide financing for a very significant acquisition, but they also provided the flexibility and support necessary to allow us to continue to execute our business plan and invest in assets. They understood the opportunity in front of us and delivered the capital we need to continue to grow."

About KBP Foods: KBP owns and operates more than 360 restaurants in 14 states under franchise agreements primarily with KFC and Taco Bell. The company is one of the largest domestic Yum! Brands franchisees and among the top 20 largest restaurant franchisees of any brand in the United States. www.kbp-foods.com

Contact Us

  • Brent Humphries
  • President, AB Private Credit Investors
  • EMAIL BRENT
  • (512) 721-2916
  • Bob Bielinski
  • Restaurant Originations
  • EMAIL ROBERT
  • (312) 696-7828
  • Justin Grimm
  • Restaurant Credit
  • EMAIL JUSTIN
  • (512) 721-2915

January 2016

Private Credit Investors

Transaction Announcement

Sector: Retail

AB Private Credit Investors (AB-PCI) provided a senior secured, unitranche credit facility to support the acquisition of Bargain Hunt Superstores by Thomas H. Lee Partners (THL). AB-PCI is the sole lender on the transaction.

"We are pleased that we were able to partner with THL and the management team of Bargain Hunt," said Bob Bielinski, Managing Director of AB-PCI. "Bargain Hunt has unique sourcing expertise that allows it to offer exceptional value to consumers and sellers of secondary market inventories."

Douglas Haber, Director of THL said, "AB-PCI stepped up with meaningful capital in a short period of time. They understood the company's market opportunity and provided a flexible financing solution which will help facilitate the company's future growth initiatives."

About Bargain Hunt: Bargain Hunt is an extreme value retail chain that enables customers to buy quality brand name merchandise at prices well below normal retail. Bargain Hunt currently has stores in Tennessee, Kentucky, Georgia, Alabama, Indiana and Mississippi.

www.bargainhunt.com

Contact Us

  • Brent Humphries
  • President, AB-PCI
  • EMAIL BRENT
  • (512) 721-2916
  • Kevin Alexander
  • Energy Credit
  • EMAIL KEVIN
  • (512) 721-2911

December 2015

Private Credit Investors

$55,000,000

Transaction Announcement

Sector: Healthcare

AB Private Credit InvestorsTM and its affiliates ("AB-PCI") provided, on a sole lender basis, a $55.0 million senior term loan backing NeoGenomics' acquisition of Clarient, Inc. from GE Healthcare.

Steven Jones, Executive Vice President, Finance, said "The AB-PCI team was commercial, responsive, knowledgeable in healthcare and moved swiftly to provide commitments in a rapid time frame ensuring smooth execution of the transaction. AB-PCI will remain an important strategic partner for us going forward."

NeoGenomics, Inc. is a leading provider of specialized and comprehensive cancer genetic testing services to hospitals, physicians, and the pharmaceutical industry through its network of CLIA-certified clinical laboratories.

Contact Us

  • Brent Humphries
  • President, AB-PCI
  • EMAIL BRENT
  • (512) 721-2916
  • Jay Ramakrishnan
  • Technology/Healthcare Originations
  • EMAIL JAY
  • (212) 969-6065
  • Evan Cohen
  • Healthcare Credit
  • EMAIL EVAN
  • (512) 721-2912

December 2015

Private Credit Investors

Transaction Announcement

Sector: Software and technology enabled services, e-commerce

AB Private Credit Investors provided a senior secured, unitranche facility to support Vista Equity Partners' creation of Kibo Software via the strategic acquisitions and merger of Marketlive, Shopatron and Fiverun. AB-PCI acted as the lead and sole lender on the transaction.

AB-PCI's sizeable capital base, expertise in software, and structuring flexibility enabled us to provide a full commitment for the financing and ensure a successful close.

About Kibo: Kibo is the strategic merger of industry leaders Marketlive, Shopatron, and Fiverun. With a combined 40 years of innovations, Kibo is joining forces to help retailers and branded manufacturers unify the consumer experience. Kibo is a complete omnichannel commerce platform, delivering the lowest total cost of ownership and the fastest time to value.

Contact Us

  • Jay Ramakrishnan
  • Managing Director
  • EMAIL JAY
  • (212) 969-6065