Aspect Software plans new credit facility with buyout by Vector

By Sara Rosenberg

New York, Jan. 2 – Aspect Software Inc. will get a new credit facility from existing lenders at the closing of its acquisition by Vector Capital, according to a news release.

As part of the buyout agreement, Vector Capital will invest more than $100 million of equity capital in Aspect’s business.

Jefferies LLC and DCS Advisory served as Aspect’s financial advisers.

Closing is expected this quarter, subject to customary conditions, including regulatory approvals.

Aspect Software is a Phoenix-based provider of fully integrated customer engagement, workforce optimization and self-service omni-channel solutions.

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