AB Private Credit Investors Leads Financing for DocuPhase
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Sector: Software & Tech-Enabled Services
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AB Private Credit Investors (“AB-PCI”) served as Administrative Agent and Sole Lender for a unitranche credit facility in support of Aquiline Capital Partners majority investment in DocuPhase. AB-PCI’s extensive experience providing debt capital to high-growth software businesses allowed it to quickly deliver a flexible and fully committed financing solution.
DocuPhase is a provider of accounting and finance process automation software. Based in Tampa, DocuPhase provides software solutions to over 1,200 customers that enable finance teams to streamline invoicing and payment procedures, saving time, reducing errors, and lowering costs. The Company provides core software solutions across accounts payable automation, accounts receivable automation, and document management.
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Aquiline Capital Partners is a private investment firm, with offices in New York, London, Philadelphia, and Greenwich, that invests across financial services and related technologies. The firm has $9.8 billion in assets under management as of December 31, 2023. For more information about Aquiline, its investment professionals, and its portfolio companies, visit www.aquiline.com.
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About AB Private Credit Investors:
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Investable
Capital
(US Bil.)
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ITD
Commitments
(US Bil.)
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Transactions
Completed
to Date
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These figures are approximate and subject to final verification
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Brent Humphries
President, AB Private Credit Investors
EMAIL BRENT
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All rights reserved. AB Private Credit Investors is a trademark of AllianceBernstein L.P. and its affiliates. The [A/B] logo is a registered service mark of AllianceBernstein and AllianceBernstein® is a registered service mark used by permission of the owner, AllianceBernstein L.P. Logos, brands and other trademarks in this announcement are the property of their respective trademark holders. They are used for illustrative purposes only, and are not intended to convey any endorsement or sponsorship by, or association or affiliation with, the trademark holders.
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