o15 Capital Partners, through its Emerging America Credit Opportunities (EACO) fund and its affiliates, exited a $31 million senior secured credit facility provided to Simplify Compliance Holdings, a diversified provider of B2B training, events and subscription information backed by Leeds Equity Partners. Repayment followed the sale of the company’s datacenterHawk business unit to S&P Global.
The facility provided flexible capital to support the company’s strategic objectives and Leeds Equity’s ongoing value creation initiatives.
“Leeds Equity was an excellent partner throughout this investment, and the outcome speaks to their track record building durable businesses,” Kenneth SaFold, co-CEO and managing partner at o15, said. “We were glad to underwrite behind the strength of Simplify’s digital-first product suite across compliance, workforce training and data and information assets.”
Chris Mairs, managing director at Leeds Equity, added, “o15 was a thoughtful and responsive partner throughout this investment. Their speed and ability to tailor a solution to the company’s needs were meaningful factors in our financing relationship.”
