AB Private Credit Investors (AB-PCI) acted as Sole Bookrunner and Administrative Agent for senior credit facilities to support a recapitalization of Lexipol. AB-PCI leveraged its software expertise to efficiently deliver a flexible financing solution.
Lexipol provides policy management, training solutions, learning management software and digital media content to public safety agencies. The company is based in Frisco, TX and was originally founded in 2003.
Lexipol is owned by The Riverside Company, a global private equity firm focused on acquiring and investing in growing businesses valued at up to $400 million.
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This announcement is not a recommendation of, or offer to buy or sell any security or financial instrument.