Macquarie CAF Lending, a leading provider of middle-market leveraged finance solutions and part of Macquarie’s Corporate and Asset Finance Group, agented and was the largest lender committing to the majority of the first lien senior credit facility to support the recapitalization of Transaction Data Systems, Inc. (“Rx30”) by GTCR.
Bill Eckmann, a Managing Director at Macquarie CAF Lending said: “Rx30 has a strong reputation and is a recognized leader in its marketplace. Macquarie is excited to work with the company and support its future growth initiatives."
Josh Earl, a Principal at GTCR, stated: “Macquarie was creative and responsive to our capital objectives for Rx30. The Macquarie team worked efficiently to successfully complete the transaction in an expeditious manner.”
Jeff Heh, a Vice President at GTCR, added: “We have enjoyed working with Macquarie on our first transaction together, and we look forward to growing the relationship.”
Transaction Data Systems, Inc. developed Rx30, a total pharmacy management software application that acts as the hub for all pharmacy management activities, including prescription dispensing, fully automated refills and reminders, workflow management, adherence management, document management, smart phone/web refills, e-prescribing, POS, outbound customer communication, IVR integration, business reporting, label printing and a myriad of value added processes and interfaces that assist in streamlining pharmacy management activities.
Macquarie Group is a leading provider of banking, financing, advisory, investment and fund management services. Founded in 1969, Macquarie Group employs more than 14,000 people in 28 countries.
Part of the Macquarie Group's Corporate and Asset Finance business, Macquarie CAF Lending is the principal lending and investing arm of Macquarie focused on corporate and commercial real estate clients. As a leading primary lender across North America, Europe, and Australia, Macquarie CAF Lending has provided more than $285 billion of new lending commitments to over 400 clients globally since 2009.