Founding sponsor Aquiline Capital Partners LLC and a wholly-owned subsidiary of the Abu Dhabi Investment Authority, along with a consortium of other investors, have made an investment in Fullsteam LLC, a provider of business management software and payments to customers across the Main Street economy.

Established in 2018 by CEO Michael Lawler and Aquiline, Fullsteam works to transform the small to mid-sized merchant experience across multiple sectors, including retail, field services, automotive, leisure, property management, association management and other markets. The capital looks to help Fullsteam in entering its next phase of expansion, building upon its organic growth and portfolio of 70 acquisitions to date. Auiline will remain as the lead investor in the company and ADIA will become a significant minority investor.

“With the continued support of Aquiline and ADIA, we eagerly anticipate expanding our family of vertical payments and software providers, serving the countless small and mid-sized businesses that form the backbone of our economy,” states Lawler.

Goldman Sachs served as financial advisor and Raymond James served as financial advisor to Fullsteam. Willkie Farr & Gallagher LLP served as legal advisor for Aquiline and Fullsteam.