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Antares Capital Supports ABRY Partners’ Acquisition of SambaSafety

May 02, 2016, 07:43 AM
Filed Under: Technology

Antares Capital announced it is serving as administrative agent, lead arranger and bookrunner on a senior secured credit facility to support the acquisition of SambaSafety by ABRY Partners. Headquartered in Albuquerque, NM, SambaSafety provides driving and fleet safety solutions and motor vehicle records to every industry across the U.S.

“Antares’ flexibility and strong presence in the technology space made them a great partner on this transaction,” said Nathan Ott, principle for ABRY Partners.

“We’re pleased to have supported ABRY on this transaction,” said Sean Sullivan, managing director for Antares Capital. “SambaSafety’s experienced management team and innovative approach together with ABRY’s expertise is a strong combination.”

Since 1998, SambaSafety has been the market leader in cloud-based risk management solutions for organizations with commercial and non-commercial drivers. Samba's driver risk platform, anchored by FCRA compliant data, continuously monitors drivers to deliver a comprehensive view of driver behavior and performance to organizations across the nation.

Founded in 1989 and headquartered in Boston, ABRY Partners is an experienced and successful private equity investment firm focused on media, communications, insurance, business and information services. Since its founding, ABRY has completed more than $42 billion of transactions, representing investments in more than 450 properties.

Antares Capital is the leading provider of financing solutions for middle-market, private equity-backed transactions with offices in Atlanta, Chicago, Los Angeles, New York, Norwalk (Connecticut) and Toronto.





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