Mercatus Finance Announces the Closing of a $33.0 Million Credit Facility to a Leading Broadband Infrastructure Services Company
Mercatus Finance (“Mercatus”) is pleased to announce the closing of a $33.0 million senior secured credit facility to a leading provider of telecommunication and broadband infrastructure construction and design services. The company provides turn-key solutions through the complete life cycle of network construction including strategic consulting on government grants, network design and mapping, construction and maintenance.
The credit facility was used to both refinance the Company’s debt and provide significant growth capital to support the Company’s backlog of fiber network buildouts throughout the Southeast U.S.
About Mercatus Finance
Mercatus Finance provides highly customized credit solutions to lower-middle and middle-market businesses for acquisitions, growth capital and refinancings, without the constraints typical of conventional institutional lenders or alternative credit providers. Mercatus, headquartered in Nashville, TN, specializes in private transactions with high-quality companies across a range of industries.
Mercatus was formed in 2023 with Arena Investors, LP, a global institutional investment manager known for its comfort with complex and customized financings.
For more information, please visit mercatusfinance.com.