Madison Capital Funding closed a senior debt facility to finance an Add-on Acquisition for Integrated Specialty Coverages, LLC and Sightway Capital. Madison Capital Funding was the Joint Lead Arranger and Administrative Agent. Further terms were not disclosed.
Integrated Specialty Coverages, LLC is a Managing General Agent (MGA) building end-to-end insurance products by connecting a broad network of insurance markets and retail/wholesale distribution channels.
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 $34.4 billion in 1,193 middle market transactions with 305 private equity sponsors.
The loan discussed does not represent an account’s entire portfolio and in the aggregate, may represent only a small percentage of an account’s portfolio holdings. A complete list of all holdings is available upon request; please contact firstname.lastname@example.org. It should not be assumed that recommendations made in the future will be profitable or will equal the performance of the loans mentioned herein. ©2019 Madison Capital Funding LLC. All rights reserved. Madison Capital Funding LLC is a subsidiary of New York Life Insurance Company. MCF #1824957