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SunTrust Provides Credit Facility to Atherio

August 15, 2013, 07:36 AM
Filed Under: Technology
Related: SunTrust

Atherio announced that it has secured a multi-million dollar credit facility with SunTrust Bank. This credit facility will provide Atherio with the capital it needs to fuel its aggressive growth plans for FY 2014.

Atherio is building an innovative mid-market IT services company that is focused on delivering best in class services at the best cost for our customers. Leveraging its global delivery model and low cost structure, Atherio is able to provide IT enabled business solutions that exceed the enterprises’ needs. Atherio has adopted an acquisition strategy focused on companies that provide a synergetic mix of capability, technology, and IP, which enable Atherio to expand its offerings and provide more value to existing clients while expanding into adjacent markets. Atherio has deep expertise in the applications development, mobile everything, IT services, and financial services, technology services & consulting markets.

“Our banking relationship with SunTrust is framed upon our unique selling proposition and our attributes in the technology industry; this credit facility will help support the Atherio growth plan.” said Jason Cory, CEO of Atherio.

“We are pleased Atherio selected us to be their financial provider in this transaction.” said Debbie Buckland, EVP and Commercial Line of Business Manager of SunTrust Bank’s North Florida Region, adding, “They have an experienced management team and we look forward to serving them for their financial needs into the future.”

Atherio is a leading global technology services company providing end-to-end technology enabled business solutions to the enterprise. Atherio is differentiated in the market through their “maniacal focus on client satisfaction”, market driven service offerings and an unsurpassed knowledge of the industries & vertical markets they serve.

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