Capstone Partners is pleased to announce the closing of a $35 million senior credit facility for a startup company that specializes in leveraging data analytics to predict demand and pricing for live entertainment event tickets. The proceeds were used to refinance existing debt, provide the company with additional capital to support inventory acquisition, and pay transaction fees. The senior credit facility was provided by UMB Bank.
We had the pleasure of working with a top-notch management team on this transaction. Similarly, UMB Bank was very dedicated, thoughtful, and constructive throughout the process and will provide a level of support to the company that will allow them to focus on their growth strategy. It was a pleasure to have played a part in the continued success of the company and we are thoroughly pleased with the outcome with UMB Bank.
The expert investment banking professionals in Capstone Partners’ Debt Advisory Group work with leading middle market companies to maximize financial outcomes at every stage of the business lifecycle. Our firm has developed a full suite of corporate finance solutions, including M&A advisory, debt advisory, financial advisory, and equity capital financing to help privately owned businesses and private equity firms address any need, ranging from growth and financial or operational advisement to an ultimate exit transaction. To learn more about this transaction, or about the benefits of starting a relationship with our Debt Advisory Group, contact us.