Capital Southwest, an internally managed business development company, backed Xyresic Capital’s acquisition of Tele-Town Hall with a senior secured first lien term loan and a second lien term loan. Capital Southwest led the financing and will act as the sole administrative agent on the facility.
“We are excited to partner with Xyresic on its investment in TTH and look forward to supporting the continued growth of the platform throughout Xyresic’s ownership,” Josh Weinstein, senior managing director at Capital Southwest, said.
“Through their innovative technology platform, the TTH team has developed a strong reputation as one of the premier mass communications service providers among politicians and corporations alike,” Laura Zengilowski, principal at Capital Southwest, said.
