Wells Fargo Upsizes Asure Facility to $175MM
Asure Software amended its credit facility, increasing the term loans and amount of available financing to $175 million.
Asure Software amended its credit facility, increasing the term loans and amount of available financing to $175 million.
Asure Software acquired iSystems Intermediate Holdco and Compass HRM. In connection with the acquisitions, the company increased the total principal amount of commitments under its credit facility from approximately $32 million to $75 million.
Monroe Credit Advisors announced it placed an $18 million senior secured credit facility for its client, Asure Software, a provider of workplace management software solutions.
Asure Software announced the refinancing of the company’s existing senior debt under a new credit agreement with Wells Fargo Bank. The facility has a new term loan of $15 million and a revolver of $3 million.