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