Target Company: Oilfield service provider that specializes in pipeline construction and the fabrication of modularized production facility equipment to midstream operators as well as exploration and production (E&P) companies that operate in the Permian and Eagle Ford Basins. Financial Profile: Revenue: $50mm | EBITDA: $8mm Acquiring Company: An energy-focused holding company that provides financial, technical, operational and...
The Company: Publicly held (OTC) provider of telecom & engineering services and solutions. Financial Profile (Consolidated): Revenue: $32mm | EBITDA: $2.7mm The Financing Situation: 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. Given the consolidated EBITDA profile (<$5mm) of the business, traditional mezzanine...
The Acquirer: Simply Color Lab, one of the nation’s top professional photography printers. The Target: ShootQ, a SaaS company that provides a complete studio management system made especially for photographers. ShootQ’s virtual management software assists its professional photography users in all facets of the sales process from tracking prospective clients, contract and payment management, to client product delivery, and much more. The...
The Acquirer: Independent sponsor seeking 2nd lien capital for acquisition financing. The Target: Franchisor of after-school enrichment programs (math, reading, writing, and more) for kids ages 5 – 12. The Financing Situation: There was a shortfall between the Target’s purchase price and the equity + senior debt raised by the Acquirer. The Solution: Super G was able to quickly get comfortable with the Acquirer’s background, recurring...