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 on an investment by St. Cloud Capital, a Los Angeles, California based private investment firm that provides growth capital to the lower middle market

Issues

• gen-E is transforming from a value-added reseller to a recurring revenue business model
• Limited stand-alone operational history as Company was recently carved out from a larger company
• Compressed deal timeline

Solution

• Through a targeted process, Envisage identified a universe of potential investors which understood the industry, the recurring revenue operating model and could close a transaction expeditiously
• Took a significant role in managing and resolving due diligence issues
• Worked with stakeholders to create deal structure that provided Company with flexibility to achieve growth targets
• Successfully structured and negotiated the transaction within compressed timeframe