Babson Capital Management served as lead agent in a senior secured credit facility to finance Accruent’s acquisition of Mainspring Healthcare Solutions.

Boston-based Mainspring provides software and technology solutions to support services departments in U.S. hospitals. The acquisition will enable Accruent, a provider of asset, facilities and real estate management solutions, to increase its penetration of the healthcare market.

The Mainspring acquisition represents the fourth add-on investment by Accruent that Babson has led since supporting TA Associates’ majority recapitalization in Accruent in 2013.

Babson Capital Management is an asset management firms with more than $231 billion in assets under management as of March 30, 2016.