Audax Private Debt announced that, as Joint Lead Arranger, it provided a unitranche credit facility to support Broad Sky Partners’ investment in Frontline Managed Services , a provider of white glove Managed IT Services and Revenue Cycle Management solutions to over 800 law firms, including over 50% of the AM Law 200, in addition to hundreds of mid-sized legal firms.
Founded in 1987 and headquartered in St. Louis, Missouri, Frontline Managed Services provides 24/7 support to law firms for IT infrastructure, billing processes, and other administrative services. Frontline’s offerings are augmented with proprietary software platforms that support a data driven service delivery model. The Company provides support to law firms nationwide.