has been recapitalized by Nova Street Partners Logo

Cascadia Capital, an investment bank serving middle-market clients globally, is pleased to announce it acted as the exclusive financial advisor to Bouncie, a rapidly growing automotive SaaS solution, in its growth recapitalization by Nova Street Partners, LLC. The capital will be used to recapitalize the business by retiring preferred securities, refinancing existing debt, and funding key growth initiatives, positioning Bouncie to accelerate B2B customer acquisition, enhance product capabilities, and scale its platform.

Headquartered in Dallas, Texas, Bouncie provides an easy-to-install, plug-and-play GPS tracker that connects via a vehicle’s OBD port to deliver real-time location, trip history, driver behavior analytics, and vehicle diagnostics. Designed for both families and small to mid-sized businesses, the platform offers an intuitive mobile and web interface with tools for managing fuel efficiency, insurance, registration, and maintenance, making vehicle ownership simpler, safer, and more connected through an affordable monthly subscription.

“Bouncie is an impressive SaaS solution that operates at the forefront of the emerging connected vehicle space, supported by real-time data, analytics, and insights – technology sectors where Cascadia is building deep domain expertise,” said Muizz Kheraj, Managing Director at Cascadia Capital. “It was a privilege to work alongside the team at Bouncie to craft a strategy that supports the company’s vision and aligns with investors’ appetite in this space.”

“This transaction demonstrates Cascadia’s ability to deliver customized capital solutions that support our clients’ strategic objectives,” said Tom Mills, Managing Director and Head of Cascadia’s Capital Markets group. “In close partnership with our Software and Technology team, we crafted a flexible recapitalization that enables Bouncie to accelerate growth and execute on its long-term vision.”

Cascadia’s Technology and Capital Markets teams collaborated to deliver an expedited and successful recapitalization outcome. The transaction underscores Cascadia’s ability to bring together sector-specific insight and creative capital markets execution. Cascadia managed due diligence, structured the process, and negotiated a bespoke financing solution that supports Bouncie’s continued growth and strategic priorities.