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.
- Buyers
- Billhighway, Lovell Minnick Partners
- Targets
- ChapterSpot
- Platforms
- Billhighway
- Industry
- Cloud & SaaS
- Location
- Louisiana, United States
- Transaction Type
- Addon
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