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Silver Point Finance Supports Thoma Bravo's Merger of UserZoom and UserTesting
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Greenwich, CT, April 27, 2023 -- Silver Point Finance, a subsidiary of Silver Point Capital, L.P., acted as Co-Documentation Agent in a Senior Secured Credit Facility to support Thoma Bravo’s merger of UserTesting, a leader in video-based human insight, and UserZoom, a leader in UX insights. The merged company will be rebranded as UserTesting. In October, UserTesting agreed to be acquired by Thoma Bravo and Sunstone Partners in a take-private transaction valued at $1.3 billion.
About UserTesting
UserTesting is fundamentally changing the way digital products and experiences are built and delivered by helping organizations get insights from customers–from creation through execution. UserTesting offers the industry's most comprehensive experience research solution. Unlike approaches that track user behavior or collect customer listening data on live experiences, then try to infer what that data means, UserTesting enables companies to get input earlier in the process, helping to reduce guesswork, and bring experience data to life with human insight. The company, formed through the combination of UserTesting & UserZoom, has more than 3,400 customers worldwide, including 75 of the Fortune 100 companies. To learn more, visit www.usertesting.com. About Silver Point Finance
Silver Point Finance, a subsidiary of Silver Point Capital, L.P., is the firm’s dedicated financing business, providing customized financing solutions to middle-market companies across a broad range of industries. Silver Point Finance provides capital for acquisitions, refinancings, bridge loans, growth capital, balance sheet restructurings and leveraged recapitalizations. Since 2003, Silver Point Finance has deployed over $19 billion in primary originations across 385+ transactions. Silver Point Finance now manages ~$11 billion in investible capital to deploy into its direct lending strategy. For more information on Silver Point Finance, please visit www.silverpointfinance.com About Silver Point Capital Silver Point Capital, L.P. (“Silver Point”) is a registered investment adviser that focuses on global credit investing. Founded in 2002 by Edward A. Mulé and Robert J. O’Shea, Silver Point was designed and built to have the deep resources, expertise and capital needed to invest in the global credit markets. Silver Point’s business model seeks to capture synergies across its platform, build comparative advantages in every area of the Firm, hire and train exceptional people, and establish a culture of teamwork. As of March 2023, Silver Point Capital has 275 employees, including over 90 investment professionals, and $23 billion in investible assets. |