Joe Reid joined Vector Credit as managing director and head of marketing and investor relations. Reid is a seasoned industry executive who was most recently a managing director in marketing and investor relations at Monroe Capital.
Clearlake Capital Group completed its acquisition of Cornerstone OnDemand. J.P. Morgan, BofA Securities, Ares, Golub Capital, Antares Capital, Barclays, Blue Owl, BMO Capital Markets, BNP Paribas, Credit Suisse, Goldman Sachs and Jefferies provided debt financing for the transaction.
Monroe Capital acted as the sole lead arranger and administrative agent on the funding of a senior credit facility and equity co-investment to support the acquisition of MarkLogic Corporation by private equity sponsor, Vector Capital.
Golub Capital provided growth financing to CloudSense, a provider of sales and delivery software solutions, in support of Vector Capital.
Private equity firm Vector Capital provided a $100 million second lien term loan to support the Permira Funds’ acquisition of Synamedia from Cisco.
As sole bookrunner, lead arranger and administrative agent, Golub Capital provided a $375 million GOLD facility to support the acquisition of Halogen Software by Saba Software, a portfolio investment of Vector Capital.
Saba entered into a new $25 million five-year credit facility with an affiliate controlled by Vector Capital. The facility is in addition to its existing $40 million revolver with Wells Fargo.