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Leverage Buyout

By utilizing factoring, buyers can turn the accounts receivable of a target company into immediate cash flow allowing them to acquire the company and provide for ongoing capital needs.


  • Georgia Staffing Company

    $ 2,500,000

    Service Providers

    Georgia
    • Client: Georgia Staffing Company

    • Situation: After failing to complete the leverage buyout with an asset based lender, the client was at risk of losing the opportunity.

    • Need: Client needed a funding partner who could close very quickly.

    • Solution: Within 7 business days, Prestige provided the capital to close the transaction.

  • Utah Computer Equipment Manufacturer

    $ 2,500,000

    Manufacturing

    Utah
    • Client: Utah Computer Equipment Manufacturer

    • Situation: Fortune 500 company selling a small division of their company who had a major concentration in one customer.

    • Need: Buyer was looking for financing to supplement their limited equity contribution toward the purchase of business.

    • Solution: With the assistance of their investment banker, Prestige Capital was willing and able to provide the needed leverage to finalize the sale.

  • Staffing Company

    $ 4,000,000

    Service Provider

    Southeast
    • Client: Staffing Company

    • Situation: An investment banker approached Prestige after two lenders couldn’t close the deal in a timely manner. The seller became impatient and gave the buyer a deadline.

    • Need: Immediate financing to close the deal before the seller walked away from the transaction.

    • Solution: In a week, Prestige Capital did a field exam and closed the deal, preserving the deal and the client's dignity.

  • Digital Media Products and Services

    $ 475,000

    Factoring

    New Jersey
    • Client: New Jersey Digital media products and services

    • Situation: Recently spun off from a larger corporation, this employee owned company was required to pay off a large note to the parent company.

    • Need: Cash flow to pay off debt and support growth

    • Solution: Prestige was able to provide much-needed cash flow by financing their accounts receivables, this enabled them to service their customers and pay off their note to the parent company.

  • Staffing Industry

    $ 10,000,000

    Factoring

    Northeast
    • Client: Northeast Staffing Agency acquiring another entity in the same industry.

    • Situation: Client was seeking acquisition financing and had been working with an asset based lender to finance the acquisition. The proposed asset based lender was procrastinating and the client was at risk of losing the opportunity to acquire the target company.

    • Need: Client needed financing in less than two weeks in order to keep the deal alive until they could close an asset based loan at a later date.

    • Solution: Within two weeks, Prestige was able to provide the financing needed to acquire the company and structured a bridge facility allowing client to graduate to ABL in 3 months.

Similar Pages: Dip Financing | Bridge Financing | Invoice Factoring