Senior Secured Credit Facilities

Joint Lead Arranger, Admin Agent | April 2021

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.

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Brent Humphries

President and Founding Member

Jay Ramakrishnan

Managing Director, Head of Originations and Founding Member

Shishir Agrawal

Managing Director and Founding Member

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