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Super G Provides Second Lien Acquisition Financing for Telecom Services Provider

May 14, 2018, 07:09 AM
Filed Under: Telecom

Super G provided $1.15 million in acquisiton financing  to a publicly held provider of telecom & engineering services and solutions.
The Company was seeking subordinated debt to help finance the acquisition of a telecom staffing company that would expand its geographic footprint and service offerings. 

Super G was able to quickly get comfortable with the acquisition synergies, the Company’s management team, and favorable industry momentum to approve a $1.15 million subordinated term loan that would fill the purchase price funding gap. Super G worked in partnership with Prestige Capital Corporation, who provided AR financing, to close the accretive acquisition.

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