Comvest Credit Partners acted as administrative agent and lender in providing an $83 million senior credit facility to minuteKey, a portfolio company of Matrix Partners and Serent Capital.
“We are excited to partner with Comvest as we position our company for our next stage of growth. The Comvest investment will provide us with the capital necessary to continue to expand through the rollout of our V3 kiosks to retailers across the U.S. and Canada,” said Randy Fagundo, CEO of minuteKEY.
Founded in 2010, minuteKey operates a network of self-service kiosks for accurate key duplication.
Lincoln International acted as exclusive financial advisor to minuteKEY.
Comvest Credit Partners is the credit affiliate of Comvest Partners focused on providing flexible financing solutions to middle-market companies.
