![]() Sectors of interest include business services, software and IT services, consumer, healthcare technology and outsourcing, growth industrial, and consumer. McKeever.īoston-based WestView makes majority and minority investments of $15 million to $60 million in lower middle-market growth companies. “Invisors has a demonstrated track record of success, growing at rates significantly ahead of its peers,” said Mr. Members of the Abacus transaction team included Managing Director and COO Sean McKeever and Vice President Joseph Lee. The firm is headquartered in New York and is an affiliate of New York Private Bank & Trust which was founded in 1850. 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. Find company research, competitor information, contact details & financial data for Invisor Investment Management Inc of Oakville, ON. “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. WestView’s investment represents the first institutional capital raised by the company and will help fuel its continued rapid growth in the Workday ecosystem.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. Invisors provides initial implementation, optimisation and ongoing support services for Workday’s suite of products, including Human Capital Management, Financial Management, Adaptive Planning and Prism Analytics. Ongoing Financial Planning and Investment Management. Ethan Rethman Thrivent Investment Management Inc. Ongoing Financial Planning: For those who would like ongoing support in managing their financial lives. ![]() The company’s founding team has an extensive track record in building IT consulting businesses and has completed over 200 Workday client engagements. "It's not easy to find the right private equity partner, but the Citizens team made the process feel seamless," says Keith Diego, Invisors co-founder and partner. "Their guidance, responsiveness and knowledge of the private equity community as it pertains to the Workday ecosystem made them a great partner for us."ĭon Holbrook, managing director at Citizens, says: “Invisors marks our fifth transaction in the Workday ecosystem. The management team has built a high-quality, fast-growing Workday consulting firm that will see continued success from their new partnership. WestView’s track record of investing in technology services firms is impressive, especially within Workday, making them the ideal partner for Invisors.”Ĭitizens M&A Advisory specialises in middle-market mergers and acquisitions. Citizens combines sector intelligence with a client-focused approach to realise our clients' true value. The Citizens team has closed more than 175 transactions in the last five years and has more than 60 M&A professionals specialising in a range of industries across the United States. ![]()
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