Super G Provides Second Lien Acquisition Financing for Telecom Services Provider


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 debt was not an option and the Company preferred a non-dilutive subordinated debt option that could close quickly.

The Solution:
Super G was able to quickly get comfortable with the acquisition synergies, the Company’s management team, and favorable industry momentum to approve a $1.15mm subordinated term loan that would fill the purchase price funding gap. Super G worked in partnership with Prestige Capital Corporation, who provided AR financing, to close the accretive acquisition.

For more information on Prestige Capital Corporation, please contact:
Stuart J. Rosenthal
Executive Vice President


Copyright © 2020 SGCP. All rights reserved.

California loans are made pursuant to SG Credit Partners, Inc.'s California Department of Corporations Finance Lender License No. 60DBO-87290. Credit approval is subject to SG Credit Partners, Inc.'s credit standards, and actual terms (including actual loan amount) may vary by applicant. SG Credit Partners, Inc. requires certain supporting documentation with each new application. Complete disclosures of APR, fees, and payment terms are provided with each loan and are available from SG Credit Partners, Inc. at 23 Corporate Plaza, Suite 100, Newport Beach CA 92660, telephone 1-800-348-0232.