Silver Point Leads $500 Million Term Loan Financing Supporting Acquisition of KUBRA by REPAY
Summary
REPAY completed its acquisition of KUBRA, and Silver Point led a $500 million term loan to fund the deal. The financing package also included a $100 million revolving credit facility and helped repay REPAY's existing revolver. KUBRA brings bill payment and customer communication management software used by utility, government, and insurance clients. The combination expands REPAY's payments platform with KUBRA's customer experience and billing capabilities. The transaction creates a larger scaled provider in consumer bill payment and related software services.
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Accounting and Taxes
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Customer Experience Management Software
Billing and Payment Software
Analytics Software
