BizCap, a national commercial finance and advisory firm, successfully structured and secured an $11.75 million financing package to support the strategic IT services acquisition of a sensitive, minority, women-owned IT services organization.
The acquisition funds will strengthen the company’s capabilities, expand its market reach and deepen its service offerings across key focus areas including digital transformation, artificial intelligence and machine learning (AI/ML), and cloud innovation.
“BizCap’s strategic guidance and disciplined execution helped us secure the capital we needed to pursue this transformational opportunity,” said a representative from the company’s management team. “Their deep understanding of the technology services landscape and ability to build flexible financing solutions has allowed us to move forward with confidence as we expand our platform and deliver greater value to our clients.”
“This organization represents the next generation of technology services companies that are innovative, agile, and focused on delivering measurable results for customers as they drive digital transformation. We are proud to support their acquisition strategy with a financing structure designed to scale with their growth and strengthen their competitiveness in high-demand technology sectors,” said Chuck Doyle, president and CEO of BizCap.
