Prospect Capital Corporation has committed up to $31 million to support the acquisition of Intelius Holdings, an information commerce company, by an affiliate of H.I.G. Capital.
Founded in 2003 and headquartered in Bellevue, WA, Intelius provides information about people, their histories, and their connections to people, places and organizations. Services offered include people search, reverse people lookup, background checks and identity theft protection services. Customers can access information through one-time purchases or ongoing subscriptions.
“Prospect is pleased to support H.I.G.’s acquisition of one of the leading providers of online consumer information services,” said Jason Wilson, a managing director of Prospect Capital Management. “We are excited about the company’s growth profile, given the efficient, cost-effective, and technology agnostic platform Intelius has built to afford consumers one-stop access to valuable information that could otherwise take such customers significant time to gather on their own.”