Case Summary: Middle Market Service Provider

Middle Market Service Provider

$70.0 million Senior Term Loan Administrative Agent

Overview

Founded in 1999, The Company is a private equity backed middle market service provider in the FinTech sector.

Situation

The Company sought a new partner to refinance its existing lender, facilitate a strategic acquisition, and fund future growth. 

Solution

Crystal initially provided a $13.5MM senior secured term loan. In 2018, the term loan was upsized to $16.7MM to fund additional acquisitions.