Maranon Capital, L.P. today announced that it was Administrative Agent for a senior credit facility to support the merger of DirectPath with Flores & Associates. DirectPath and Flores & Associates are portfolio companies of Century Equity Partners.
DirectPath is an industry leader in personalized benefits education, health care transparency and compliance for Fortune 1000 employers. Its customers experience significant ROI on their benefits investments through increased employee participation, management of the evolving regulatory environment and reduced cost through efficient benefits plan management technology. DirectPath has offices throughout the country. Additional information about DirectPath can be found at www.DirectPathHealth.com.
Flores is a leading national administrator of tax-advantaged reimbursement plans including Flexible Spending Accounts, Health Savings Accounts, Health Reimbursement Accounts and Commuter Benefit Accounts. In addition to these account-based benefit options, Flores also handles COBRA and other direct bill services to meet the compliance needs of employers. For more information, visit Flores at www.Flores-Associates.com.
About Maranon Capital
Maranon Capital, L.P. is an alternative investment management firm focused on private credit investments in middle market companies. Maranons competitive edge is its multi-product strategies that span the balance sheet with value-added financing and equity co-investments. Since 2008, Maranon has committed over $4.0 billion of capital. For more information about Maranon Capital please visit www.MaranonCapital.com.
About Century Equity Partners
Century Equity Partners is a Boston-based private equity firm that focuses on investing in companies operating across the insurance, asset and wealth management, specialty finance and banking services sectors. Century invests in companies that are seeking capital to support growth or fund partial buyout or recapitalization strategies. For more information, visit www.CEPFunds.com.
Maranon Capital, L.P.