Varagon Capital Partners served as administrative agent on a senior secured credit facility to support Marlin Equity Partners’ acquisition of Worksoft.
Headquartered in Dallas, Worksoft is a continuous robotic test automation platform for enterprise packaged applications, offering a diverse ecosystem of service providers, software integrations and machine learning solutions to enable end-to-end, unattended automated testing of mission-critical business applications.
“We are excited to partner with Marlin Equity Partners along with the Worksoft management team to support their growth initiatives,” said Sam Kwon, managing director at Varagon.
Marlin Equity Partners is a global investment firm with over $6.7 billion of capital under management. The firm invests in businesses across multiple industries where its capital base, industry relationships and extensive network of operational resources significantly strengthen a company’s outlook and enhance value. Since its inception, Marlin, through its group of funds and related companies, has successfully completed over 140 acquisitions. The firm is headquartered in Los Angeles, California with an additional office in London. For more information about Marlin, visit www.marlinequity.com.
Varagon is a lender to middle market companies and private equity firms. It invests across the capital structure and delivers flexible financing solutions that meet the needs of private equity partners.
