Azurite enters credit agreement after closing of Alteryx acquisition

By Mary-Katherine Stinson

Lexington, Ky., March 19 – Azurite Intermediate Holdings, Inc. and its sole stockholder Azurite Software Intermediate Holdings, Inc. entered into a credit agreement concurrently with the closing of Azurite’s acquisition of Alteryx, Inc., according to an 8-K filing with the Securities and Exchange Commission.

The agreement provides for a $550 million initial term loan facility, an up to $1.25 billion delayed-draw term loan facility and an up to $200 million revolving loan facility.

Azurite Intermediate Holdings is listed as the borrower, and Alteryx and certain of Alteryx’s subsidiaries are the guarantors.

SSLP Lending, LLC is the administrative agent and collateral agent.

Alteryx is an Irvine, Calif.-based computer software company. The parent company is based in Santa Monica, Calif.

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