Telesource

Situation

Telesource (“the Company”) is a telecommunications company specializing in selling, refurbishing and managing telecommunications equipment.

The Company was seeking capital to support its growth. Telesource also pursued various acquisitions of competitors. Amherst was retained for multiple engagements to assist Telesource with its strategic initiatives.

Solution

Amherst assisted Telesource to analyze and value acquisition targets. Amherst worked with the Company’s management to assess its financing needs, arrange financing for the Company, and negotiate financial terms and conditions on behalf of Telesource.

Results

Amherst assisted Telesource in securing subordinated debt for growth.

Additionally, Amherst initiated and advised Telesource on the acquisition of Communications Equipment Brokers, Inc.

Amherst arranged a senior financing package with Comerica Bank and aided with structuring and negotiating a minority investment from GE Capital.