Transaction

• gen-E Holdings, LLC (“gen-E” or the “Company”) provides leading advanced analytics and service assurance software for monitoring and resolving network performance
• Envisage acted as placement agent for a revolving credit facility placed with Plaza Bank
• This is the second corporate finance engagement Envisage executed for the Company. In April 2017, Envisage advised the Company in connection with an investment by St. Cloud Capital

Issues

• gen-E required a revolving credit facility to provide liquidity for working capital and general corporate purposes
• A substantial senior secured loan was already in place
• Compressed deal timeline

Solution

• Through a targeted process, Envisage identified a universe of potential bank lenders who would be comfortable working with the existing lender and could close a transaction expeditiously
• Took a significant role in managing and resolving due diligence issues
• Successfully structured and negotiated the transaction within compressed timeframe