#commercial--BizCap®, a national commercial finance and advisory firm, today announced that it has successfully structured and secured a $11.75 million financing package to support a strategic IT Ser...
Autore: Business Wire
Funding will accelerate strategic growth in digital transformation and cloud innovation
SAN FRANCISCO: #commercial--BizCap®, a national commercial finance and advisory firm, today announced that it has successfully structured and secured a $11.75 million financing package to support a strategic IT Services acquisition for a confidential minority woman-owned IT services organization. The company, founded in 2017, provides end-to-end IT solutions, strategic technology consulting, and product development services worldwide.
The acquisition financing will enhance the company’s capabilities, expand market reach, and deepen service offerings across key focus areas, including digital transformation, artificial intelligence and machine learning (AI/ML), and cloud innovation.
“BizCap’s strategic guidance and disciplined execution were instrumental in helping us secure the capital needed to pursue this transformational opportunity,” said a representative of the company’s leadership team. “Their deep understanding of the technology services landscape and ability to structure a flexible financing solution positioned us to move forward with confidence as we expand our platform and deliver greater value to our clients.”
“This organization represents the next generation of technology services companies-innovative, agile, and focused on delivering measurable outcomes for customers navigating digital transformation,” said Chuck Doyle, President & CEO at BizCap®. “We’re proud to support their acquisition strategy with a financing structure designed to scale alongside their growth and strengthen their competitive position in high-demand technology sectors.”
BizCap® continues to support emerging and growth-oriented companies with tailored capital solutions that enable strategic expansion, acquisitions, and operational excellence.
About BizCap®
BizCap® (Business Capital since 2002) is a time-tested national commercial finance and advisory firm specializing in securing customized non-dilutive credit-based solutions for rapidly growing as well as challenged middle market companies nationwide who require unique, timely and tailored financing structures to address their particular needs, especially when conventional sources of capital are not an option. BizCap® is a proud supporter of Team IMPACT, a national nonprofit that connects children facing serious and chronic illnesses with local college athletic teams, forming life-long bonds and life-changing outcomes.
Fonte: Business Wire