Senior Secured Credit Facilities

Sector: Services

AB Private Credit Investors (“AB-PCI”) served as Administrative Agent and Sole Lender for a senior credit facility to support Pamlico Capital’s strategic growth investment in Your Part-Time Controller. AB-PCI’s experience and expertise in the outsourced professional services industry facilitated a flexible financing solution.

Your Part-Time Controller is a leading provider of outsourced accounting services (including bookkeeping, internal grant and board reporting, forecasting, budgeting, and cash flow management) to nonprofit organizations. Your Part-Time Controller was founded in 1993 and has grown to become the 75th largest accounting firm in the U.S., according to the publication Accounting Today. Accounting Today further named Your Part-Time Controller as the 5th fastest growing firm in the US in 2023.

Pamlico Capital is a private equity firm founded in 1988 that invests in lower middle market companies in the U.S. Pamlico Capital seeks control-oriented growth equity investments alongside proven management teams in its target industries: business and technology services, communications, and healthcare. Since inception, the firm has invested over $3.5 billion.

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This announcement is not a recommendation of, or offer to buy or sell any security or financial instrument.