Senior Credit Facility

Sector: Software

AB Private Credit Investors™ (“AB-PCI”) recently closed a senior secured credit facility to refinance SirsiDynix, a portfolio company of ICV Partners. AB-PCI delivered a flexible, fully underwritten solution by utilizing its expertise in structuring transactions for software companies.

SirsiDynix is a provider of library management software to more than 23,000 libraries around the world. Through library management technology and search and discovery tools, libraries using SirsiDynix technology bring relevant resources and the power of knowledge to their users and communities.

Founded in 1998, ICV Partners is a leading private investment firm that supports management leaders of strong lower middle market companies. Over its four funds, the principals of ICV have crafted a strong track record of helping companies expand their footprint and improve performance over the long term and across a variety of industries. 

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