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| Babson Capital Provides Mezzanine Financing For Compass Investment Partners’ Acquisition of Dantom Systems Press Release: Babson Capital Management LLC – Tue, Nov 15, 2011 8:56 AM ESTShare0EmailPrintSPRINGFIELD, Mass.--(BUSINESS WIRE)-- Babson Capital Management LLC (Babson Capital), an investment management firm based in Springfield and Boston, Mass., and Charlotte, N.C., today announced it provided $16 million of mezzanine debt financing and $2 million of equity for Compass Investment Partners’ acquisition of Dantom Systems Inc. Headquartered in Wixom, Mich., Dantom is a leading provider of outsourced document management services and customized data solutions to the accounts receivable management industry, with customers across the healthcare, financial, home services and government end-markets. Established in 1997, Dantom’s core service offering includes secure document creation and delivery, data hygiene and analytics, electronic archival services and online payment portals, all while ensuring compliance with regulatory guidelines. “We were extremely impressed with the Babson Capital team throughout the investment process,” said Justin Lipton, Managing Director at Compass Investment Partners. “Their partnership approach to investing played a key role in the deal and we look forward to partnering on Dantom as well as other opportunities going forward.” “We are pleased to have had the opportunity to provide financing in support of Compass Investment Partners' acquisition of Dantom,” said Mike Klofas, managing director and co-head of Babson Capital's Mezzanine and Private Equity Group. “Dantom is a leader in its end markets and operates in one of Compass' primary industry verticals.” About Babson Capital Babson Capital Management LLC and its subsidiaries serve institutional investors around the globe and have $137.3 billion in assets under management as of September 30, 2011. Through proprietary research and analysis and a focus on investment fundamentals, we develop products and strategies that leverage our broad array of expertise in fixed income, equities, alternative, structured products, debt financing for corporations and debt and equity financing for commercial real estate. Based in Boston and Springfield, Mass., and Charlotte, N.C., with offices in New York City and Los Angeles, the firm’s subsidiaries include Babson Capital Europe Limited in London, Babson Capital Australia Pty Ltd in Sydney, Cornerstone Real Estate Advisers LLC in Hartford, Conn., and Wood Creek Capital Management, LLC in New Haven, Conn. Babson Capital is a member of the MassMutual Financial Group and is on the web at www.BabsonCapital.com. About Compass Investment Partners: Compass Investment Partners is a New York based private equity firm focused on investing in growth-oriented, middle-market companies across the Business Information and Outsourced Services markets in North America. The fund seeks to invest in proven, profitable businesses that provide their customer bases with critical information, proprietary content and value-added outsourced services. Targeted sectors for investment include: B2B information management, marketing services, business process outsourcing and knowledge services. For more information please visit: http://www.compasspartners.com/. Contact: Luquire George Andrews David Coburn, 704-552-6565, 704-408-4276 coburn@lgapr.com @davidcoburn @LGAadvpr Charlotte, NC Luquire George Andrews is an advertising, public relations, web design, media planning and buying agency that's always finding new ways to look at things. http://lgaadv.com/ http://www.youtube.com/watch?v=cq8m8Bq2N-M&feature=colike |
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