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...
MobileCause Positions Itself for Additional Product Advancement Newport Beach, CA (July 21, 2015) – Super G Funding (‘Super G”), announced a significant investment in MobileCause, a California company, and leader in mobile fundraising and communication for nonprofits. MobileCause provides a cloud based online fundraising and communication platform for nonprofit organizations enabling them to raise more money at a lower cost. Super G’s...
The Company: A manufacturer of various Hispanic themed ice creams, frozen yogurt, fresh fruit bars and other icy treats distributed throughout major big box and supermarket chains. The Financing Situation: The Company was in technical default with its senior lender and had an immediate seasonal over-advance capital need to finance raw materials for its summer busy season. The Solution: The senior lender assigned its note to Super G to...
Super G Funding Closes $1.5 Million 2nd Lien Financing for Professional Audio Electronics Manufacturer
The Company: A leading designer and manufacturer of software, hardware and related accessories for professional audio recording and live sound applications worldwide. The Financing Situation: The Company had engaged an investment bank to arrange a more flexible credit facility that would scale with the Company’s anticipated growth. To avoid pressures on shipping windows during the investment banking process, and pending completion of...