Madison Capital Funding closed a senior credit facility to finance a Recapitalization of Credentials Solutions LLC by Brentwood Associates. Madison Capital Funding was the Sole Lead Arranger and Administrative Agent. Further terms were not disclosed.
Credentials Solutions LLC provides software and technology-enabled services that help higher education institutions automate and manage certain administrative processes, such as transcript and parking permit order fulfillment. Credentials Solutions LLC currently serves over 700 customers and processes more than 5 million transcripts per year.
Founded in 2001, Madison Capital Funding is a market leader in supporting middle market private equity sponsors with cash-flow based corporate finance products. Since inception, Madison Capital Funding has invested $32.3 billion in 1,144 middle market transactions with 294 private equity sponsors.
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