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Home Deal Announcements

Abacus Provides Debt Financing to Support Acquisition of BioTechLogic by Dark Horse

byBrianna Wilson
November 14, 2024
in Deal Announcements

Abacus Finance Group, a provider of cash flow-based, classic senior debt for sponsor-led buyouts of lower middle-market companies, served as administrative agent and sole lender to support WestView Capital Partners’ Dark Horse Consulting in its acquisition of BioTechLogic._x000D_
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“Once again, Abacus was able to give us the certainty we needed to close the transaction in a short timeframe,” Greg Thomas, partner of WestView, said. “And they were able to provide us with a financing package that will help the company grow in the years ahead.”_x000D_
_x000D_
“This is the 20th investment that we have closed with WestView since the inception of Abacus in 2011, a true testament to the strong partnership between our two firms,” Tim Clifford, president and CEO of Abacus, said. “As in past transactions, we were able to provide speed and flexibility, key aspects of our Total Partnership Approach.”_x000D_
_x000D_
WestView is without fail a strong partner and always great to work with,” Sean McKeever, managing director and chief operating officer of Abacus, said._x000D_
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Abacus team members involved in the transaction included Austin Rendell and Matthew Campanella. Legal counsel was provided to Abacus by Goulston & Storrs.

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