RLJ CREDIT OPPORTUNITY FUND I, L.P. INVESTS IN INFOSOFT GROUP
Infosoft Group is a leading provider of online employment technology solutions to federal contractors and other employers.
BETHESDA, MD//DECEMBER 20, 2016//  RLJ Credit,  an affiliate of The RLJ Companies, LLC, is pleased to announce its investment in The Infosoft Group, LLC ("Infosoft"). Founded in 1996 and headquartered in Milwaukee, Wisconsin, Infosoft is a leading provider of regulatory compliance and recruitment solutions. The company provides federal contractors with a fully outsourced solution to comply with several regulations of the Office of F ederal Contract Compliance Programs (OFCCP) and also maintains a network of over 600 locally-focused online employment websites.
 
RLJ Credit provided subordinated debt and an equity co-investment to facilitate the recapitalization of Infosoft by Gauge Capital, LLC ("Gauge"). Headquartered in Southlake, Texas, Gauge is a private equity firm that partners with owners, managers, and equity stakeholders of successful middle market companies, with a focus on investing in growing services and technology-enabled companies in the business and consumer, healthcare and food sectors.
 
About RLJ Credit Opportunity Fund
RLJ Credit Opportunity Fund makes senior debt and subordinated debt investments in lower middle market companies. RLJ Credit provides flexible capital solutions to facilitate buyouts, recapitalizations, refinancings, and growth financings. The Principals of RLJ Credit have extensive experience partnering with middle market companies, across a broad range of industries, to support growth and create value. We successfully partner with private equity firms, investment banks, and operating executives to deliver our full range of financial and strategic resources. For more information visit: www.rljcredit.com.
 
About Infosoft Group 
Founded in 1996, Infosoft is a market-leading provider of compliance solutions that allow federal contractors to meet the recruiting-related regulations of the OFCCP. Infosoft also offers local job posting solutions to employers nationwide. The Company serves a diverse customer base across the United States and is headquartered in Milwaukee, with additional offices in Minneapolis and Washington, D.C. For additional information, please visit: www.localjobnetwork.com.
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RLJ Credit Investment Criteria
  • Revenue in excess of $10 million 
  • EBITDA of $2 million to $15 million
  • EBITDA margins in excess of 10%
  • U.S. Based Enterprises
  • Solid Revenue Growth and Diversified Cash Flow
  • Sustainable margins supported by defensible market positions
  • Proven and Experienced Management Team
  • Stable Industry Dynamics   
  • Sponsored or Non-Sponsored Transactions
  • Investment Hold Size of $3-$15 million per transaction

Please feel free to reach out if we can be of assistance with any investment opportunities where there may be a need for flexible debt capital.

 

Seth Friedman

Managing Director 
RLJ Credit Management, LLC
T: 973.218.2452
 
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RLJ Credit Management, LLC