Madison Capital Funding closed a senior debt facility to finance an add-on acquisition of Peter C. Foy Insurance Services, a portfolio company of BHMS investments. Madison Capital Funding was the Sole Lead Arranger and Administrative Agent. Further terms were not disclosed.
Peter C. Foy Insurance Services is a regional, retail broker of employee benefits and commercial property & casualty insurance products, specializing in providing group health benefits and worker’s compensation policies to businesses with 100+ employees.
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 $36.6 billion in 1,243 middle market transactions with 315 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 media@mcfllc.com. It should not be assumed that recommendations made in the future will be profitable or will equal the performance of the loans mentioned herein.
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