ATLANTA, GA (April 30, 2009) Konsortium Capital Partners announced today that it has successfully completed the placement and closing of a $5 Million senior revolving credit facility for Renaissance Surgical Center North, LLP. The closing of Renaissance’s credit facilities comes at a time when renewing or restructuring working capital lines is extremely difficult. Sean Boyd, Konsortium’s Managing Director believes “the lending landscape has changed and many companies are finding it very taxing and disruptive to have to go to the credit markets directly.” Boyd adds that “many companies take the go-it-alone approach initially, but find that after engaging an advisor such as Konsortium, they’re given access to a great number of financial institutions, better knowledge of the current credit markets, and an increased likelihood of success amidst a challenging environment.”
About Cincom
About Konsortium Capital Partners
Konsortium Capital Partners is a boutique advisory firm that structures and arranges debt & equity solutions for lower middle-market companies. With offices in Atlanta and New York, Konsortium’s clients typically have revenues less than $200 million, financing needs ranging from $5-$50 million and have capital needs that are for the purposes of growth, leveraged acquisitions, buyouts, refinancing, recapitalization and special situations. For more information on how Konsortium Capital Partners can help your company achieve its financing needs, please visit www.konsortiumcapital.com or contact Sean C. Boyd, Managing Director at 404.924.7102.
