TSL Express Daily News

New York, NY, May 7, 2025 – Abacus Finance Group, LLC – a leading provider of cash flow-based, senior debt for sponsor-led investments in lower middle-market companies – today announced that it served as Senior Secured Credit Facilities Administrative Agent and Lead Arranger to support the growth equity investment in Hoist Global Tech Solutions by WestView Capital Partners. In addition, Abacus Finance Group made an equity co-investment in HOIST.  

HOIST is a leading provider of IFS-focused implementation, consulting, and support services. WestView Capital Partners, a Boston-based private equity firm focused exclusively on middle market growth companies, manages $2.7 billion in capital across five funds.

“Once again, Abacus was able to give us the certainty we needed to close the transaction in a short timeframe,” said WestView Managing Partner Matt Carroll, “and they were able to provide us with a financing package that will help Hoist grow in the years ahead.”

“We have closed over 20 platforms with WestView since the inception of Abacus in 2011, a true testament to the strong partnership between our two firms,” said Tim Clifford, CEO of Abacus Finance. “As in our other transactions with them, our success was a function of our speed, structural flexibility, and certainty of close – key aspects of what we call our Total Partnership Approach™.” “WestView is without fail a strong partner and always great to work with,” added Abacus President and Founding Partner Sean McKeever.

Abacus Vice President Austin Rendell and Analyst Matt Campanella also helped lead the transaction.  Legal counsel was provided to Abacus by Goulston & Storrs, PC.

About HOIST

HOIST is a leading provider of IFS-focused implementation, consulting, and support services. The Company serves a diverse base of customers within IFS’s core set of industries, including Aerospace & Defense, Energy Utilities and Resources, Construction and Engineering, Manufacturing, Service Industries, and Telecommunications. The Company’s multinational and multilingual team of experienced consultants and support staff have a proven track record of helping businesses reach new levels of efficiency, growth, and sustainability. Founded in 2019 by Nick Mezher and Dale Germain, HOIST is now one of the largest IFS-focused systems integrators in the partner ecosystem. Learn more at hoist.tech.

About WestView Capital Partners

WestView Capital Partners, a Boston-based private equity firm focused exclusively on middle market growth companies, manages $2.7 billion in capital across five funds. WestView partners with existing management teams to sponsor minority and majority recapitalizations, growth, and consolidation transactions in several sectors, including: software and IT services, healthcare technology and outsourcing, business services, and growth industrial. WestView targets investments of $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 Group, LLC (including its subsidiaries and affiliates, together “Abacus”) is a leading asset management firm specializing in private credit solutions to the lower middle market. Since Abacus’s inception in 2011, it has closed over $3.5 billion in financings. The firm targets private debt financing opportunities of up to $60 million and finances companies with EBITDA between $3 million and $15 million. The firm is headquartered in New York City and maintains a second office in Portsmouth, New Hampshire. Abacus is an affiliate of New York Private Bank & Trust, which was founded in 1850.  Abacus Finance is located at 6 East 43^rd Street, 12th Floor, New York, NY 10017. All inquiries and new investment opportunities should be directed to Tim Clifford at 212-850-462 or cliffordt@abacusfinance.com. Please visit abacusfinance.com for more information.

Total Partnership Approach™ (TPA), a registered trademark of Abacus Finance, LLC, brings together cash-flow financing expertise, deep industry knowledge, a turnaround time of under 72 hours, and exceptional client service over the lifecycle of each investment – all in all, a comprehensive methodology that reflects our emphasis on growing relationships rather than just focusing on the number of transactions. We encourage sponsors to Count on Us™ because of the deep partnerships we forge by going well above and beyond what they traditionally have come to expect. We don’t believe in the phrase “good enough” – we push ourselves to create custom financing solutions specifically tailored for each transaction.