Aptos gets $240 million in credit facilities for BT Expedite purchase

By Sara Rosenberg

New York, Oct. 6 – Aptos Inc. closed on $240 million in senior secured credit facilities that were used to back its acquisition of BT Expedite, according to a market source.

UBS Investment Bank acted as the lead arranger and bookrunner on the deal.

Aptos, a portfolio company of Apax Partners, is a retail technology solutions company that was spun out of Epicor Software Corp. in 2015. BT Expedite is a retail IT software specialist.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.