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Sarah Barr, 203-578-2287 sbarr@websterbank.com

Webster Bank Provides Financing for Ensono's Acquisition of Attenda

NEW YORK, NY., October 20, 2016 - Webster Bank announced today that it provided a $110 million debt financing loan to Ensono, a hybrid IT services provider that works with its clients to deliver progressive solutions to help them operate their IT infrastructure. The loan will be used to finance the acquisition of Attenda, one of the UK's leading managed services and cloud platform providers. Webster Bank led the transaction, which was an add-on to an existing $85 million buyout financing dating back to 2015.

Developing a reputation as a trusted advisor for sponsors and borrowers alike represents a key initiative for Webster Bank's Sponsor & Specialty Group. To this end, Webster Bank hopes to build on recent momentum to increase its presence as a lead left lender.

"We've enjoyed great momentum within the IT infrastructure industry and believe that the Ensono financing represents our capabilities," says Matt Kane, managing director and head of Webster Bank's Telecom and Technology Group. "We're excited to support MC Partners, Charlesbank Capital Partners and the company as they continue to expand."

About Webster Webster Financial Corporation is the holding company for Webster Bank, National Association. With $25.1 billion in assets, Webster provides business and consumer banking, mortgage, financial planning, trust, and investment services through 176 banking centers and 349 ATMs. Webster also provides telephone banking, mobile banking, and Internet banking. Webster Bank owns the asset-based lending firm Webster Business Credit Corporation; the equipment finance firm Webster Capital Finance Corporation; and HSA Bank, a division of Webster Bank, which provides health savings account trustee and administrative services. Webster Bank is a member of the FDIC and an equal housing lender. For more information about Webster, including past press releases and the latest annual report, visit the Webster website at www.websterbank.com.

Webster Financial Corporation published this content on 27 October 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 27 October 2016 15:31:04 UTC.

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