Refurbisher of Digital Hardware
Sponsor with a tight timeline in need of a flexible capital partner to provide junior capital in support of an acquisition
The Company is a leading provider of refurbished networking and telephony hardware to a diverse base of blue-chip customers. The Company supplements its used equipment product offering with a portfolio of new equipment hardware and cabling solutions. The Company’s robust systems and testing / certification processes ensure that IT procurement professionals are able to maintain and extend the life-cycle of existing IT infrastructure equipment by purchasing reliable refurbished hardware products at significant savings and short lead times.
Falcon provided a flexible junior capital solution, investing in second lien notes and common equity to support the buyout.