TSL Express Daily News
The Secured Lender
SFNet's The 81st Annual Convention Issue
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January 30, 2023
Source: Abacus Finance Group, LLC
New York, NY, January 30, 2023 – Abacus Finance Group, LLC – a leading provider of cash flow-based, classic senior debt for sponsor-led buyouts of lower middle-market companies – today announced that it served as Senior Secured Credit Facilities Administrative Agent and Lead Arranger for senior secured credit facilities to support the growth recapitalization of Mobility Market Intelligence (“MMI”) by WestView Capital Partners. Additionally, Abacus made an equity co-investment in MMI.
Headquartered in Salt Lake City, Utah MMI is a provider of SaaS-based data intelligence, analytics and sales enablement tools to the mortgage and real estate industry. WestView Capital Partners, a Boston-based growth equity firm, is focused on middle market growth companies and manages $2.7 billion in capital across five funds.
“We knew we could rely on Abacus despite the general state of today’s credit markets,” said WestView Principal Kevin Twomey. “They quickly understood the business model and market opportunity and provided us with a credit package designed to support both our investment and the company’s future growth.”
“This is the 15th platform we have closed with Westview since the founding of Abacus in 2011,” noted Tim Clifford, President and CEO of Abacus. “Consistent with all historical transactions, we were once again impressed by their thoughtful investment thesis.”
“We were extremely impressed by MMI’s management team and the company’s platform,” said Abacus Managing Director and COO Sean McKeever. “We look forward to supporting the company’s strong growth trajectory in 2023 and beyond.”
“As in past transactions, our success was a function of our speed, flexibility, and detailed understanding of the company’s demand drivers – key aspects of our Total Partnership Approach™,” added Abacus Senior Associate Austin Rendell.
Abacus team members involved in the transaction included Sean McKeever and Austin Rendell. Legal counsel was provided to Abacus by Goulston & Storrs, PC.
About Mobility Market Intelligence
Mobility Market Intelligence, a software platform focused on the mortgage and real estate industry headquartered in Salt Lake City, Utah, launched in 2018. MMI’s robust suite of data intelligence, analytics, and sales enablement tools enable participants across the mortgage origination value chain to effectively track, analyze, and extract insights from mortgage production data. MMI’s customers rely on the platform to deliver comprehensive, accurate, and real time data in an easy-to-use format. For more information, please visit mmi.io.
About WestView Capital Partners
WestView Capital Partners, a Boston-based growth equity firm, is focused on middle market growth companies and manages $2.7 billion in capital across five funds. WestView partners with existing management teams to sponsor minority and majority recapitalizations, growth capital, and consolidation transactions in several sectors including: software, business services, IT services, healthcare technology and outsourcing, and growth industrial. WestView targets investing $20 to $100 million in companies with revenue of at least $10 million and operating profits between $3 and $25 million. For more information, please visit wvcapital.com.
About Abacus Finance Group, LLC
Abacus Finance is a leading direct lending company, focused on providing cash flow senior financing to private equity/family office-sponsored, lower middle-market companies across diverse industries. Since Abacus’s inception in 2011, it has closed over $3 billion in financings. The firm targets private debt financing opportunities of up to $50 million and finances companies with EBITDA between $3 million and $15 million. Abacus is an affiliate of New York Private Bank & Trust, which was founded in 1850.
Abacus Finance is located at 335 Madison Avenue, 23rd Floor, New York, NY 10017. All inquiries and new investment opportunities should be directed to Tim Clifford at 212-850-4620 or cliffordt@abacusfinance.com. Please visit abacusfinance.com for more information.
The Total Partnership Approach™, a registered trademark of Abacus Finance, LLC, brings together cash-flow financing expertise, deep industry knowledge and exceptional client service over the lifecycle of each investment – all providing our sponsors with certainty of close and giving them peace of mind. Our team’s deep industry knowledge combined with an obsession for efficiency results in a turnaround time of under 72 hours. This swift response time is just one aspect of our Total Partnership Approach™ – a comprehensive methodology that reflects our emphasis on growing relationships rather than just focusing on the number of transactions.
Why should you Count on Us™? The answer lies in the deep partnerships we forge by going well above and beyond what sponsors traditionally have come to expect. We don’t believe in the phrase “good enough.” We push ourselves to create custom financing solutions tailored for each company – deals are started from the ground up, and we work side-by-side with the private equity sponsors we serve during each stage of the transaction life cycle.

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