Aldine is pleased to announce its investment in MHC Software (“MHC”). MHC is a leader in document management and electronic transaction processing software. The company designs and develops proprietary software solutions that integrate with cloud and on-premise ERP and HCM systems to automate human resources, accounts payable, supply chain management, and related financial transactions. MHC offers approximately 40 distinct software solutions, which turn data into securely delivered customized documents and transactions, deliver employee- and resource-specific documents online, and provide imaging, web form, and workflow automation functionality. Aldine’s investment was made in conjunction with a private equity sponsor.
Aldine provided a subordinated note and equity investment.