CASE STUDY — SELL SIDE

Sector: Technology
Industry: Semiconductor Equipment
ClassOne
Have been refinanced with senior and subordinated debt financing from:
Salem Investment Partners

Company

ClassOne Equipment, Inc. and ClassOne Technology, Inc. collectively “ClassOne”. ClassOne, headquartered in Atlanta, Georgia is known as a leading supplier of high-quality, refurbished semiconductor equipment and a manufacturer of advanced wet-chemical process equipment.

Situation

ClassOne recognized the opportunity to transform further into a diversified supplier to the global semiconductor equipment industry via the implementation of several corporate initiatives, including expanding into new and adjacent markets, as well as increasing the global direct sales efforts and footprint. The company was seeking growth capital that would provide increased financial flexibility from an investment partner committed to the semiconductor equipment sector and the operating vision of the company. The capital infusion was specifically for use of refinancing the company’s existing revolving credit facility, existing term loan, increasing working capital and for general corporate growth purposes

Advisory Role

Bravaldo Capital Advisors (BCA) was engaged by ClassOne as its exclusive advisor in the capital raise. BCA approached a targeted group of lenders with interest and knowledge in technology companies.

Result

Bravaldo Capital Advisors successfully raised senior and subordinated debt financing with Salem Investment Partners, a Mezzanine debt and equity investment firm based in Winston-Salem, North Carolina. The transaction satisfied the capital needed for ClassOne with a financial partner that will significantly enhance its growth potential.
Bravaldo Capital Advisors

Bravaldo Capital Advisors is a boutique Atlanta based mergers & acquisitions and corporate finance advisory firm, providing independent economic and financial advice and execution services for lower middle market companies in a variety of industries with revenues typically between $10 million and $300 million. BCA offers a full range of transaction and advisory services, guiding clients through sell-side transactions and exit strategy planning, growth through acquisition, debt restructuring and corporate recapitalization. The BCA team is a senior deal team with extensive knowledge and insight into the full life cycle of M&A and corporate finance engagements.