Frontsteps - Onex Falcon


Sponsor was in need of a flexible capital partner to provide junior capital in support of an acquisition and growth

Business Description:        

Leading SaaS platform provider offering Home Owner and Condo Owner Associations (HOA/COAs) fully unified property management, resident portals, payments and security solutions.

Falcon Solution:     

Falcon provided a convertible preferred equity solution, which alongside new term loan debt, financed the acquisition of a complementary SaaS business. Falcon’s industry knowledge enabled Falcon to provide a flexible junior capital solution under a tight timeframe.

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Investment Date:

MAY 2019

Transaction Type:

Acquisition, Growth




Private Equity Firm


Convertible Preferred Equity

Exit Date:

Current Investment