Unitranche Credit Facility

Sole Lead Arranger and Admin Agent | August 2017

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 and Founding Member

Drew Miller

Managing Director
Drew.Miller@AllianceBernstein.comĀ  Ā 

Shishir Agrawal

Managing Director and Founding Member

All rights reserved. AB Private Credit Investors is a trademark of AllianceBernstein L.P. and its affiliates. The [A/B] logo is a service mark of AllianceBernstein and AllianceBernsteinĀ® is a registered trademark used by permission of the owner, AllianceBernstein L.P.

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