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WFCF Provides Financing for Command Alkon Acquisition of FiveCubits

August 21, 2014, 07:36 AM
Filed Under: Technology

Wells Fargo Capital Finance provided financing to support Command Alkon Inc. in its acquisition of  FiveCubits, Inc. Command Alkon provides software and hardware solutions for the construction materials industry. As a new division of Command Alkon, FiveCubits will maintain focus on SaaS-based fleet management and mobile computing solutions for the ready-mixed concrete, bulk materials, trucking and hauling, and construction contractors industries.

“Wells Fargo Capital Finance provided us with a creative and flexible financing package that will help us grow our business,” said Betty Todd, chief financial officer of Command Alkon. “We needed a lender that understands the dynamics of the software industry and Wells Fargo was a big part of the solution.”

“It is important that our team remain creative in our approach to providing credit in this highly dynamic technology sector,” said John Leonard, senior managing director and division manager of Technology Finance at Wells Fargo Capital Finance. “We appreciate our longstanding relationship with Command Alkon and look forward to working with them as they continue to grow.”

Wells Fargo Capital Finance provides financing solutions for companies in specific industries such as retail, software publishing and high-technology, commercial finance, staffing, government contracting and others.

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