Carlyle Private Credit and Madison Capital back Pamplona’s acquisition of

Carlyle Private Credit and Madison Capital Funding have provided financing to support Pamplona Capital‘s acquisition of Evanston, Illinois-based, an online obituary provider. No financial terms were disclosed.


Carlyle Private Credit and Madison Capital Funding LLC provided a unitranche financing backing the acquisition of, Inc. (“” or the “Company”) by Pamplona Capital Management. The financing package included a revolver and a unitranche term loan.

Founded in 1998 and headquartered in Evanston, IL, is the global leader in online obituaries and memorialization services with leading market share in the digital obituaries market.

Carlyle Private Credit acted as co-lead arranger and co-bookrunner on the facilities along with Madison Capital Funding LLC.

The financing represents the latest transaction led by Carlyle’s middle market direct lending unit, which invests in senior loans, unitranche loans and junior debt supporting private equity-backed portfolio companies. Carlyle continues to enhance its middle market lending platform, which manages over $3.6 billion of capital. Michael Hart, Head of Carlyle’s direct lending business notes “Our direct lending business has become a core part of our Global Credit platform, and one we are focused on expanding in an effort to serve both the sponsor community, as well as our LPs. We are very excited to strengthen our partnership with Madison and support Pamplona and the management team on this transaction.”