Lead Arranger, Administrative Agent, Sole Lender | February 2024
Sector: Software & Tech-Enabled Services
AB Private Credit Investors (“AB-PCI”) served as Administrative Agent and Sole Lender for a unitranche credit facility in support of Aquiline Capital Partners majority investment in DocuPhase. AB-PCI’s extensive experience providing debt capital to high-growth software businesses allowed it to quickly deliver a flexible and fully committed financing solution.
DocuPhase is a provider of accounting and finance process automation software. Based in Tampa, DocuPhase provides software solutions to over 1,200 customers that enable finance teams to streamline invoicing and payment procedures, saving time, reducing errors, and lowering costs. The Company provides core software solutions across accounts payable automation, accounts receivable automation, and document management.
Aquiline Capital Partners is a private investment firm, with offices in New York, London, Philadelphia, and Greenwich, that invests across financial services and related technologies. The firm has $9.8 billion in assets under management as of December 31, 2023. For more information about Aquiline, its investment professionals, and its portfolio companies, visit www.aquiline.com.
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This announcement is not a recommendation of, or offer to buy or sell any security or financial instrument.