Babson Capital Backs Dantom and PSC Deal with $11.6M
September 28, 2012- Share:
Babson Capital Management has announced that it provided $10.5 million of subordinated debt and $1.1 million of equity to support the combination of Compass Investment Partners-backed Dantom Systems and PSC Info Group. This financing follows Babson Capital's initial investment of $16 million of subordinated debt and $2 million of equity to support Compass' acquisition of Dantom last year. Dantom provides outsourced document management services and customized data solutions to the accounts receivable management and revenue cycle management industries.
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