Caprice Capital Partners, LLC (“Caprice”) is pleased to announce that it acted as Administrative Agent and Lead Arranger for the debt financing and equity co-investment to support the acquisition of Inco-Check, Inc. (“Inco-Check” or the “Company”) by private equity sponsor Narrow Gauge Capital (“NGC”).  Plexus Capital (“Plexus”) participated in the debt financing and provided an equity co-investment alongside Caprice.

For over 20 years, Inco-Check has been the industry standard when it comes to quality control and audit services and software for leading banks, credit unions, and lenders nationwide.  Supported by NGC’s resources and expertise, the Company’s objective is to bring loan quality and fraud prevention to the foreground in today’s highly competitive mortgage and consumer lending markets. NGC believes the Company’s high-quality offering, proprietary platform, and reputation in the market make it the ideal platform to achieve this aspiration.

“Inco-Check has excelled in supporting its clients through its proprietary suite of tech enabled mortgage quality control and audit solutions, resulting in outstanding value and return on investment for its clients.  We are excited to support an experienced sponsor like NGC and the entire Inco-Check Management team to shape the future of the loan quality industry,” said Caprice Managing Partner Rich Thomson.  “This transaction is a great example of Caprice’s ability to partner with independent sponsors and provide creative capital solutions for founder-owned companies.”

Caprice and Plexus were represented by McGuire Woods during the transaction process.

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