Audax Private Debt | Audax Private Debt Provides Financing To Support Gemspring Capitals Investment In Goldensource | News

Funding Rounds

Summary

Audax Private Debt announced that, as Administrative Agent and Sole Lead Arranger, it provided a unitranche credit facility to support Gemspring Capitals (Gemspring) acquisition of GoldenSource Corp. (the Company), a provider of Enterprise Data Management (EDM) and Master Data Management (MDM) solutions to financial services companies worldwide.Founded in 1984 and headquartered in New York City, GoldenSource provides software that enables many of the worlds largest and most prominent investment banks, asset managers, and capital markets services firms to manage and derive insights from their data in a more streamlined manner. The Companys reputation for providing high-quality and insight-driven services demonstrates the value it provides customers, and we believe Gemspring is the perfect partner to continue supporting GoldenSource in this exciting next chapter.Audax Private Debt has been a reliable and thoughtful financing partner, said Aron Grossman, Managing Director at Gemspring Capital. GoldenSources offerings enable customers to manage risks, comply with regulatory requirements, and control costs in the middle and back office with a trusted source of complete, consistent information. Its products deliver mission-critical market, reference, customer, position and transaction data to the systems that need it, such as trading, compliance, risk management, settlements, and accounting. Founded in 1984, GoldenSource is headquartered in New York City and has 380 employees across the U.S., Europe, and Asia.For more information, please visit www.thegoldensource.com.

$ Funding

$
Amount - Total raised
Date May 24, 2022 Announcement date
Investors - Lead investors
Company http://www.gemspring.com/ Funded company

Classifications

industries
Fintech & Banking
applications
Data Management

AskAI Classifications

Labels
Enterprise Data Management Software Financial Services Software Master Data Management (MDM)

Linked Companies

GoldenSource
$10M to $25M