Billhighway (Lovell Minnick Partners) Acquires ChapterSpot

March 5, 2024

Troy, Michigan-based Billhighway, a Lovell Minnick Partners (LMP) portfolio company, is acquiring ChapterSpot, a New Orleans-based CRM and member-management software provider for fraternities, sororities and associations. Comvest Credit Partners provided a senior secured credit facility to refinance Billhighway's existing debt and support the acquisition; transaction presented as an add-on to Billhighway's platform to expand its SaaS capabilities for member-based organizations.

Targets
ChapterSpot
Platforms
Billhighway
Industry
Cloud & SaaS
Location
Louisiana, United States
Transaction Type
Addon

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