![]() ![]() ![]() Since its founding in June 2011, Abacus has closed over $2 billion in financings. Debt facilities can be as large as $50 million. As in other transactions, our success was a function of our speed, cash-flow flexibility, and certainty of close – key aspects of what we call our Total Partnership Approach™.” (The Total Partnership Approach is the firm’s operating strategy that merges its cash-flow financing expertise, deep industry knowledge and client service capabilities to give its private equity and family office sponsors the certainty of close and transactional peace of mind).Ībacus provides cash flow-based senior financing to private equity and family office-sponsored, lower-middle market companies that have EBITDA between $3 million and $15 million. “We were extremely impressed with the senior management team and are excited to be their financing partner as they embark on the next stage of growth. “Invisors and its founding partners have an impressive track record as a service partner within the Workday ecosystem,” said Tim Clifford, the president and CEO of Abacus. It’s great to have seen both of our firms grow together.” Abacus is an important and valued relationship for us at WestView. Once again, the entire process was handled smoothly and efficiently. “One, they are easy to work with, and two, they are extremely reliable. ![]() “We selected the Abacus team, whom we have known for many years, for two reasons,” said Rick Williams, a managing partner of WestView. Invisors services include initial implementation, add-on modules, post-launch support and optimization.Ībacus was the administrative agent and the lead arranger on the transaction and the firm also made an equity co-investment in Invisors. Workday is a California-based provider of cloud-based financial management and human capital management software. Abacus Finance Group has provided senior secured credit facilities to back the minority recapitalization of Invisors by WestView Capital Partners.Ītlanta-headquartered Invisors is a provider of IT consulting services with a specialization in the Workday product suite. ![]()
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