Industry:

Commercial & Professional Services

Transaction Type:

Growth Capital

Location:

Sacramento, CA

CVF Securities:

Senior and Subordinated Debt

Founded in 1972, Administrative Systems, Inc. is a leading provider of benefits disbursement software and services to large financial institutions and employee benefit plans. The Company’s innovative solutions help streamline benefit disbursements and tax reporting to aid clients in reducing operating costs.

Founders sold the Company to a private equity firm in February 2011.