Indus plans $125 million credit facility linked to buyout by Vista

By Sara Rosenberg

New York, Nov. 6 - Indus International Inc. has received a commitment for a $125 million credit facility to help fund its acquisition by Vista Equity Partners and subsequent merger with MDSI Mobile Data Solutions Inc., according to a PREM14A filed with the Securities and Exchange Commission Monday.

Wells Fargo Foothill, Inc. is the lead bank on the deal.

Under the acquisition agreement, Vista is buying Indus for about $240 million.

The closing is subject to customary closing conditions, including antitrust clearances.

Indus is an Atlanta-based Service Delivery Management service provider. MDSI, a portfolio company of Vista, is a Richmond, Canada-based provider of enterprise mobile workforce management software.

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