Asure Software acquired iSystems Intermediate Holdco and Compass HRM. In connection with the acquisitions, the company increased the total principal amount of commitments under its credit facility from approximately $32 million to $75 million.
Wells Fargo was administrative agent for the transaction, which added a term loan of approximately $40 million of which $32 million was used to acquire iSystems. Goldman Sachs Specialty Lending joined the lending syndicate.
