#United States #Greenwich #Silver Point Capital #REPAY #KUBRA

Silver Point Capital Secures Major Loan for REPAY's Acquisition of KUBRA

In a significant financial maneuver within the credit industry, Silver Point Capital has announced that it led a substantial $500 million term loan aimed at supporting the acquisition of KUBRA Data Transfer LTD. by REPAY Holdings Corporation. This acquisition marks a key step in REPAY's strategic expansion within the integrated payment processing sector, providing tailored solutions for customers with specific transaction needs.

Financing Details

The financing package comprises a $100 million revolving credit facility alongside the $500 million term loan. This package is not only directed at facilitating the acquisition of KUBRA, but also aims to assist in the repayment of REPAY's existing revolving credit facility. As a Documentation Agent in this transaction, Silver Point Capital has taken on a crucial role in ensuring the deal's success.

About KUBRA and REPAY

KUBRA stands out in the market as a leading provider of bill payment and customer communication management solutions, serving noteworthy utility companies and government agencies across North America. Impressively, KUBRA's services influence over 40% of households in the U.S. and Canada, making it an essential player in the sector. On the other hand, REPAY has established itself as a provider of integrated payment processing solutions, focusing on simplifying payment processes while enhancing user experience for both businesses and consumers.

Anthony DiNello, Head of Direct Lending at Silver Point Capital, commented on the acquisition, stating, “This financing supports REPAY's acquisition of KUBRA and brings together two complementary, vertical-leading businesses.” He expressed satisfaction over leading the facility and structuring a fit that accommodates the growing needs of the combined entity as a larger entity in consumer bill payment.

The integration of KUBRA into REPAY was formalized with a definitive agreement disclosed on March 30, 2026. The transaction closed successfully on June 1, 2026, allowing REPAY to enhance its operational capabilities significantly. This acquisition is expected to bolster REPAY's standing in the market, as both firms share a similar commitment to quality service delivery and innovation.

The Role of Silver Point Capital

Founded in 2002, Silver Point Capital has evolved into a premier global credit investing firm, managing an impressive portfolio of over $48 billion in investable assets. Their Direct Lending arm specifically targets partnerships with borrowers in private equity and those without sponsors, focusing on a flexible mandate that facilitates mergers, refinancings, and capital growth.

Silver Point's dedication to creating impactful financial solutions is evident in their management of over $18 billion in investable assets through the Direct Lending sector alone. Their expertise in structuring financing deals like the recent one for REPAY and KUBRA underscores their dominant position in the credit investment landscape.

Conclusion

This recent development highlights the growing trend of consolidation in the fintech world, as companies seek to enhance their offerings and capabilities through strategic acquisitions. With leadership from Silver Point Capital, REPAY's acquisition of KUBRA may signal the dawn of new innovations in payment processing solutions, ultimately benefiting consumers and businesses alike. As both companies merge their strengths, the landscape of integrated payment solutions is set to evolve considerably, paving the way for improved customer experiences in the years to come.