Antares Capital served as administrative agent and lead arranger for a senior secured credit facility to support the acquisition of Sage Payment Solutions (SPS) by GTCR.

Headquartered in Reston, VA, SPS is a provider of payment processing and merchant acquiring solutions in North America.

“Once again Antares worked closely with our team to deliver an optimal financing solution,” said Jim Bonetti, managing director for GTCR. “With each transaction, the Antares team brings a high level of customer focus and flexibility.”

“We’re pleased to support SPS management as they work closely with GTCR on this next phase of their evolution,” said Doug Koch, managing director for Antares. “From organic growth initiatives to acquisition activity, SPS is poised to expand their leadership position within the rapidly evolving integrated payments market.”

Founded in 1980 and based in Chicago, GTCR is a private equity firm focused on investing in growth companies in the financial services and technology, healthcare, technology, media and telecommunications and growth business services industries.

Antares Capital is a credit manager and provider of financing solutions for middle-market, private equity-backed transactions.