News Release
March 31, 2015
Croft & Bender Serves as Financial Advisor to PrimeRevenue on its Recapitalization by BBH Capital Partners and Battery Ventures
has been recapitalized by
PrimeRevenue is the global leader in SaaS-based working capital finance solutions.
About
PrimeRevenue operates as the global leader in SaaS-based working capital finance solutions, providing financing to more than 17,000 clients through its OpenSCi suite, which offers the control and flexibility for organizations to optimize their working capital, improve margin as well as reduce costs and risks throughout the financial supply chain.
Situation
The Company engaged Croft & Bender to evaluate a potential recapitalization of the business. Croft & Bender worked with the Company to develop marketing materials, conduct management presentations, manage the diligence process and negotiate with investors.
Result
Croft & Bender successfully negotiated the recapitalization of the Company with BBH Capital Partners and Battery Ventures.