Babson Agents Facilities for Accruent's VFA Add-on
February 13, 2015
Babson Capital Management has announced it agented senior secured credit facilities to support Accruent's acquisition of VFA, a provider of end-to-end solutions for facilities capital planning and sustainability. The deal included a revolving credit facility and a term loan facility. Accruent has been majority owned by TA Associates since 2013.