Audax Private Debt provides financing to support Gemspring Capital’s investment in GoldenSource

Audax Private Debt has announced that as sole administrative agent and lead arranger, it has provided a unitranche credit facility to support Gemspring Capital’s (“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 based in New York, GoldenSource provides software that enables many of the world’s largest and largest investment banks, asset managers and capital markets services firms to manage and get insights from their data in a more streamlined way. The company’s solutions are based on its state-of-the-art data model and allow GoldenSource to manage a wide variety of critical data, including securities, customers, entities, ESG and other types of data. GoldenSource also provides cloud hosting and managed services for easy implementation and seamless ongoing use.

“The GoldenSource team has developed an industry-leading platform of scalable and mission-critical enterprise data management solutions,” said Bryant Shain, Managing Director of Audax Private Debt. “The company’s reputation as a provider of high quality, insight-driven services demonstrates the value it delivers to 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 financial partner,” said Aron Grossman, Managing Director of Gemspring Capital. “We look forward to working with the teams at GoldenSource and Audax as we continue the company’s growth trajectory.”

About Golden Source

GoldenSource is an independent provider of enterprise data management and master data management solutions for financial services clients worldwide. GoldenSource’s offerings enable clients to manage risk, comply with regulatory requirements, and control middle and back office costs through a trusted source of comprehensive and consistent information. Its products deliver critical market, referral, 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 and has 380 employees in the United States, Europe and Asia.

For more information, please visit www.thegoldensource.com.

About Audax Private Debt

Based in New York, Audax Private Debt is a leading debt capital partner for North American middle market companies. Since its inception in 2000, Audax Private Debt has invested over $28 billion in more than 1,000 companies in support of over 260 private equity sponsors and raised over $21 billion in capital. The platform offers its clients a range of financing solutions, including first lien, senior stretch, unit, second lien and subordinated debt, as well as equity co-investments. With over 45 investment professionals and over 100 employees, Audax Private Debt offers funding security, additional investment capacity, and the experience and collaborative approach to partner with private equity firms. investment and their portfolio companies. For more information, please visit www.audaxprivateebt.com or follow us on LinkedIn.

Audax Private Debt is part of the Audax Group, a leading alternative investment manager with offices in Boston, New York and San Francisco.

Comments are closed.