AML RightSource LLC received a first-lien credit facility to support an acquisition of the company by Gridiron Capital, market sources said today.

MidCap Financial is administrative agent. MidCap and Churchill Asset Management are joint lead arrangers.

Gridiron Capital is acquiring the company from Clarion Capital Partners. Clarion invested in AML RightSource in 2017 via a loan from Midcap Financial.

AML RightSource, based in Cleveland, provides anti-money laundering, Bank Secrecy Act and financial crimes compliance solutions to banks and financial institutions.