closing of 2006 was a busy period for de Visscher & Co., including
a debt refinancing transaction to fund future growth, that we thought
would be of interest to you.
Debt Facilities to Fund Growth:
When growth capital requirements demand more efficient use of bank
borrowing capacity, or changes in lending personnel or bank policy
warrant a change, de Visscher & Co's knowledge of the capital
markets and depth of contacts with lenders of all types can be a
valuable resource to closely held business owners. Such was the
case for the shareholders of the Cleveland Group, Inc. a premier
supplier of electrical, mechanical, and telecommunications construction
services. de Visscher & Co. was able to increase Cleveland's
total bank availability, lengthen its amortization periods and complete
the transaction in just over 60 days.
Best wishes for a prosperous 2007!
It is our hope to be able to assist you with your growth capital
needs as they arise in 2007. The market conditions are excellent
and we would be delighted to get together to discuss your shareholder
value creation goals. Please don't hesitate to give us a call.
About de Visscher & Co.
de Visscher & Co., LLC (www.devisscher.com)
is an independent financial advisor to business owning families
and closely held businesses worldwide. Through a unique combination
of financial advisory, capital raising and investment banking services
the team at de Visscher & Co. creates high value-added solutions
to the liquidity needs of shareholders and the capital needs of
their businesses. Family Capital Growth Partners, (www.fcgplp.com)
a private equity fund affiliated with de Visscher & Co. also
provides equity and subordinated debt capital to growth-oriented
closely held and family-owned businesses. de Visscher & Co.,
is one of the eight Founding Members of the Business Growth Alliance
(www.bgallc.net), a national
affiliate network of professional service firms dedicated to serving
the business growth, capital formation and shareholder liquidity
needs of middle market and family-owned companies and their principal
de Visscher & Co.
65 Locust Avenue, Suite 200
New Canaan, CT 06840