American Capital Ltd. announced yesterday that it will invest $15 million in Flexera Software, Inc. to aid BMO Capital Markets in purchasing the majority stake in its syndication of $100 million Second Lien Term Loan.
Flexera Software is a leading provider of Application Usage Management and Installation software with more than 80,000 customers world-wide.
“In today’s choppy credit markets, we believe more than ever that our ability to provide flexible financing solutions ranging from senior debt and uni-tranche to mezzanine and equity co-investments, multi-currency funding capabilities, responsive execution with a global underwriting platform and commitment to growing portfolio companies make American Capital a desirable investment partner,” said American Capital Managing Director, Adam Spence.