Software Technology, LLC financed by senior debt from Madison Capital Funding LLC
Madison Capital Funding closed a $34,000,000 senior debt facility to finance the Recapitalization of Software Technology, LLC by Thompson Street Capital Partners, as the lender announced. Madison Capital Funding is the Sole Lender and Administrative Agent. Further terms were not disclosed.
Software Technology, LLC provides a reliable, easy-to-use, seamlessly integrated suite of software products for law firms and legal professionals, ranging from billing to practice management, check writing to general ledger and trust accounting.
Founded in 2001, Madison Capital Funding is a market leader in supporting middle market private equity sponsors with cash-flow based corporate finance products. Since inception, Madison Capital Funding has invested over $25.0 billion in over 985 middle market transactions with more than 270 private equity sponsors.
The loan discussed does not represent an account’s entire portfolio and in the aggregate, may represent only a small percentage of an account’s portfolio holdings. A complete list of all holdings is available upon request; please contact firstname.lastname@example.org. It should not be assumed that recommendations made in the future will be profitable or will equal the performance of the loans mentioned herein. MCF #1738890