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.
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This announcement is not a recommendation of, or offer to buy or sell any security or financial instrument.