Chicago, Illinois – NXT Capital announced that it has provided a senior secured credit facility to fund the recapitalization of DiscoverOrg, LLC, a portfolio company of TA Associates.
NXT Capital was the Sole Lead Arranger, Sole Bookrunner and Administrative Agent for this transaction.
TA Associates is one of the largest and most experienced global growth private equity firms. The firm has invested in more than 450 companies around the world and has raised $18 billion in capital. With offices in Boston, Menlo Park, London, Mumbai and Hong Kong, TA Associates leads buyouts and minority recapitalizations of profitable growth companies in the technology, financial services, business services, healthcare and consumer industries.
DiscoverOrg is the leading sales and marketing intelligence platform used by the top technology vendors, staffing companies and consultants targeting IT, Finance and Marketing departments of Fortune-ranked, mid-market and SMB companies in North America and Europe. The company is based in Vancouver, Washington.
NXT Capital provides structured financing solutions through its Corporate Finance, Equipment Finance and Real Estate Finance groups and is based in Chicago with offices in Atlanta, Charlotte, Dallas, Los Angeles, Nashville, New York, Phoenix, San Francisco and Stamford.