The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
Stone Point Leads $500MM Financing for Vensure Employer Solutions
Thursday, December 21, 2023
Lenders/Participants
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Stone Point Capital Markets [Lead Lender]
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Structure
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$450MM Delayed Draw Term Loan; $50MM Revolving Line of Credit
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Amount
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$500.000
Million
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Borrower(s)
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Vensure Employer Solutions
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Description
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The financing was comprised of an additional $450 million Delayed Draw Term Loan B. The Delayed Draw Term Loan was upsized from $250 million at launch and will be used to provide capacity for Vensure to continue pursuing its Merger & Acquisition strategy. It also had an additional $50 million Revolving Credit Facility.
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Industry
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Business Services
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Location
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AZ
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Related Tags |
Private Equity
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ABL Advisor
Deal Tables
2025
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