Silicon Valley Bank provides Senior Credit Facility to Accel-KKR's for acquisition of Infinisource

 
Client News
September 26, 2011

 


Accel kkr 

has obtained a
Senior Credit Facility
to acquire


Infinisource 

Provided by: 

Silicon Valley Bank

 

 

About Silicon Valley Bank
Silicon Valley Bank is the premier commercial bank for companies in the technology, life science, cleantech, venture capital, private equity and premium wine industries. SVB provides a comprehensive suite of financing solutions, treasury management, corporate investment and international banking services to its clients worldwide. Through its focus on specialized markets and extensive knowledge of the people and business issues driving them, Silicon Valley Bank provides a level of service and partnership that measurably impacts its clients' success. Founded in 1983 and headquartered in Santa Clara, Calif., the company serves clients around the world through 26 U.S. offices and international operations in China, India, Israel and the United Kingdom. Silicon Valley Bank is a member of global financial services firm SVB Financial Group (Nasdaq: SIVB), with SVB Analytics, SVB Capital and SVB Private Bank. More information on the company can be found at www.svb.com.

About Accel-KKR
Accel-KKR is a technology-focused private equity firm with over $1 billion in assets under management. The firm invests primarily in software and IT-enabled businesses well positioned for top-line and bottom-line growth. At the core of Accel-KKR's investment strategy is a commitment to developing strong partnerships with the management teams of its portfolio companies and a focus on building value through the significant resources available through the Accel-KKR network. Accel-KKR has a particular focus on buyouts and recapitalizations of family-owned or closely-held private companies, going-private transactions and divisional buyouts of larger companies. For more information, please visit www.accel-kkr.com.

About Infinisource, Inc.
Infinisource is a nationally recognized leader of integrated benefits and compliance solutions, since 1986. Infinisource offers Payroll, COBRA Administration, Flexible Spending Accounts, Health Savings Accounts, Health Reimbursement Arrangements, Direct Billing, Premium Only Plans, HIPAA Privacy and Security solutions, an online eligibility and enrollment solution, Infinisolved® and HR solutions. The company continuously updates its offerings as regulations and employer requirements change. The company views delivering great service with great people as its number one priority. Infinisource is a leader in employment law, compliance and education. For more information, please visit www.infinisource.net.