Silver Point Capital Leads $500 Million Financing for REPAY Acquisition

The capital injection allows REPAY to absorb KUBRA, a Mississauga-based firm that provides billing and communication management to utility and government entities across North America. By integrating KUBRA’s infrastructure—which currently reaches more than 40% of households in the United States and Canada—REPAY aims to solidify its position as a scaled consumer bill payment provider. Beyond the acquisition costs, the credit facility was used to retire REPAY’s existing revolving debt.

Anthony DiNello, head of direct lending at Silver Point, noted that the structure was designed to support the long-term operational synergy of the merged entities. Truist Securities served as the sole lead arranger for the term loan and will continue as the administrative agent. The acquisition, which was formally agreed upon in March 2026, reached completion on June 1, 2026.