has completed a Common Stock and Senior Credit Facility financing with




Blue Frog Solutions provides

life and annuity insurance

standards-based technology, BPO,

and data management solutions.

The undersigned acted as financial advisor to Blue Frog in this Transaction

Blue Frog

Description

Blue Frog Solutions is a leading provider of life and annuity insurance standards-based technology, business process outsourcing (BPO) and data management solutions to insurance Carriers and Distributors.

Situation

Blue Frog Solutions had previously raised capital from two strategic investors to build out its technology platform. The Company needed additional capital to retire its existing debt, fund additional sales and marketing efforts, and provide additional growth capital. Croft & Bender was hired to draft the offering memorandum, market the Company to interested parties and to analyze, structure and negotiate a transaction that would satisfy the Company’s requirements.

Result

Croft & Bender successfully raised the necessary capital with LPL Financial Services, the largest provider of annuities in the United States, providing the equity and Bridge Bank providing a senior credit facility.