Foothills Capital funded a $15 Million asset-based line of credit to help finance the acquisition and ongoing working capital needs of a technology solutions company acquired by a private equity firm.  

Foothills advised the client on the financing to facilitate this complex transaction, involving a carve-out from a publicly traded company.  Foothills' engagement included: obtaining the information critical for lenders; identifying best-in-class lenders; explaining the key aspects and nuances of the deal; coordinating meetings with the lenders' credit professionals; evaluating and comparing key terms among several highly competitive proposals to inform the client's final selection.  

Nabil Istafanous, Founder and Managing Partner of Foothills Capital Advisory, commented: “It was a privilege to work alongside such a sharp and talented deal team. Securing lender commitments for a complex carve-out transaction like this was particularly rewarding, as it required creative structuring and close collaboration with lending partners willing to navigate both the ambiguities and intricacies of the deal.”