Cascadia Capital Taps Deep Debt Financing Relationships to Secure Leveraged Financing for Private VoIP Managed Services Provider

Challenge

Cascadia Capital was approached by a private equity firm to help a managed services business within its portfolio secure additional financing. The company was in a high-growth sector in the market and was just turning the corner on profitability. But its capitalization table and balance sheet made it a challenge to add incremental capital through debt or equity. In fact, the company had received resistance in raising additional capital up to that point.

Solution

Cascadia Capital conducted an analysis of Accessline's balance sheet and capitalization table. As a result, Cascadia Capital advised the company to explore debt financing as a vehicle to access expansion capital while preserving the company's equity ownership base.

Results

Cascadia Capital accessed its deep rolodex of debt provider relationships to create a competitive process, thus maximizing transaction terms for Accessline. Moreover, the company was able to access significantly more debt financing than traditional lenders would have provided, at a very attractive cost of capital.