Unitranche Credit Facility

Sector: Software and Tech-Enabled Services

AB Private Credit Investors (AB-PCI) served as Sole Lead Arranger and Administrative Agent of a unitranche debt facility in support of Tailwind Capital’s leveraged buyout of Brightspot. AB-PCI worked with Tailwind Capital to craft a scalable solution, leveraging significant shared expertise related to application software.

Brightspot was founded in 2008 and its primary office is located in Reston, Virginia.

The company is a leading content management system provider that empowers customers—regardless of the complexity of their use case—to build the content experience their organization needs with the most effective use of their resources. Brightspot’s product offering is centered around a highly sophisticated and deep technology platform with extensive workflow, search, website development and editing/publishing capabilities. The Brightspot CMS was recently named Best Content Management System by the 2021 Digiday Technology Awards, marking Brightspot’s second win in the category in two years.

Tailwind Capital was founded in 2005 and is headquartered in New York. The company has a team of 43 professionals and has committed $3.7 billion capital to date. Tailwind Capital is a private equity firm focused on growth-oriented investments in targeted sectors within industrials, technology and business services, and healthcare. 

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