Speaking the bank’s language.
One of three equal shareholders of a infrastructure services company approached FirePower seeking to buy out the other two shareholders.
The shareholders were in disagreement about the company's growth strategy, with the operating shareholder wanting to reinvest in the company’s growth, and the other two exclusively interested in their share of dividends.
FirePower worked in confidence with the operating shareholder, putting in place the capital required to a) buy out the shares of the other two shareholders, and b) ensure financing for the company’s growth. Confidentiality was critical throughout this transaction. FirePower put the facilities in place through a discreet process and was able to navigate the funding process without the other two shareholders' knowledge.
As soon as the credit facilities were in place, the operating shareholder was able to exercise the “shotgun clause”, which gave the other two partners 30 days to reverse the deal.
Unable to secure financing before the term expired, they were bought out. The infrastructure services business is now growing at a much quicker pace, with strong leadership and a clear vision.
Last Call Analytics
Last Call Analytics has developed a frontline sales analytics and visualization platform for the beverage and alcohol industry. FirePower invested Gap Debt as a way to bridge them to a Series-A financing.
Decisive Technologies is a value-added reseller of IT hardware, and BriteSky Technologies is a Canadian, managed cloud services provider (collectively “Decisive”). Decisive needed additional capital to accelerate its expansion plans. The shareholders were adamant that a new investor should share their values and vision for the company, and FirePower was engaged to find an investor and negotiate a deal structure that met all of the shareholders’ objectives.