Mitratech to launch $255 million of incremental facilities on Tuesday

By Sara Rosenberg

New York, March 9 – Mitratech will be posting a pre-recorded lender presentation on Tuesday with a live lender question and answer session at 9:30 a.m. ET on Wednesday to launch a non-fungible $225 million incremental first-lien term loan and a $30 million upsize to its existing revolving credit facility, according to a market source.

Golub Capital is the left lead arranger on the deal and the administrative agent.

Proceeds from the term loan will be used to fund two acquisitions.

Ontario Teachers’ Pension Plan is the majority owner of Mitratech, and Hg Capital is a minority owner.

Mitratech is an Austin, Tex.-based provider of legal matter management, compliance and operational risk software solutions for corporate in-house legal departments and law firms.

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