#USA #Miami #Lafayette Square #RM Capital #Samaha Associates

Lafayette Square Financing Fuels Growth for Samaha & Associates

In a significant move to accelerate growth within the financial consulting sector, Lafayette Square USA, Inc. has announced the provision of a senior secured credit facility. This financing is aimed to support RM Capital Partners in its investment in Samaha & Associates, a well-respected consulting firm focused on technology solutions for credit unions and banks.

Founded in 1998 and located in Miami, Florida, Samaha & Associates boasts an impressive track record of delivering comprehensive consulting services to over 200 U.S. credit unions, amassing more than $200 million in negotiated savings through 500 engagements. Their specialized expertise encompasses everything from core system conversions to vendor contract negotiations, and digital banking implementations.

Blair Badham, Managing Director at Lafayette Square, expressed his confidence in Samaha, commenting, "Samaha is precisely the type of business we seek. It holds a leading position in the market, has nearly three decades of proven value, and enjoys a loyal client base that continually returns for its services." He noted that with technology modernization now a significant focus for the credit union sector, Samaha's adaptable approach will serve them well in meeting growing demands.

Ruslan Matveyev, Managing Partner at RM Capital Partners, echoed a similar sentiment. The partnership marks an exciting new chapter in Samaha’s continued growth. "With a reputation for bespoke solutions and exceptional client service, Samaha is poised to enter new market segments and expand its reach," he stated. Matveyev is eager to collaborate with Lafayette Square to maximize growth potential in this venture.

Adam Denbo, President and CEO of Samaha & Associates, reflected on the firm’s commitment to its core principle: people helping people. For nearly 30 years, Samaha has upheld this ethos in every client relationship and project. Denbo highlighted the significant technological transitions currently facing the credit union industry and underscored how this partnership will empower Samaha to guide more institutions effectively through these changes.

Beyond the initial capital, Lafayette Square intends to integrate Samaha with Worker Solutions®, a platform dedicated to improving human capital practices. This initiative aims to enhance employee job quality, retention, and overall productivity, ultimately reducing operational risks for the consulting firm.

About Lafayette Square

Lafayette Square USA, Inc., recognized as a business development company, primarily focuses on providing flexible capital solutions to middle-market companies across the United States. Managed by its adviser LS BDC Adviser, LLC, Lafayette Square seeks to generate attractive risk-adjusted returns through senior secured loans and other investment avenues that reflect its commitment to working-class American communities.

About RM Capital Partners

RM Capital Partners stands as an investment firm dedicated to supporting founders and operators in the infrastructure services sector. Their clients benefit from a people-first investment philosophy designed to equip stakeholders for future growth, with RM Capital having completed over 50 M&A transactions totaling $2.0 billion in capital.

About Samaha & Associates

Celebrating its 28th year, Samaha & Associates is a nationally acclaimed consulting group that utilizes technology to provide strategic optimization solutions for financial institutions. The firm's commitment to excellence in vendor negotiations and implementation processes continues to set it apart from competitors in the field.

For more insights into Lafayette Square’s initiatives or to learn more about RM Capital Partners and Samaha & Associates, visitors can check their respective websites.