Company: Allconnect, Inc.
Industry: Business Services
Transaction: $7,000,000 Bank Facility
Investor: Heritage Bank of Commerce
RMG’s Role: Sole Adviser to Allconnect, Inc.
Allconnect, Inc. is a marketing services company whose customers are the voice/video and data companies (i.e. cable companies, satellite TV etc). The Company was in a turnaround mode and could not source debt capital on its own. RMG sourced a low cost bank facility that provided critical working capital to fund the turnaround.