Capital Southwest served as sole administrative agent for first lien financing to support IntelliSite’s acquisition of Broad Sky. Capital Southwest also closed an equity co-investment in EPIC IO, the new holding company of IntelliSite.
IntelliSite is a portfolio company of DFW, and Broad Sky is an internet services provider.
“We are pleased to partner with DFW on its acquisition of Broad Sky. Through its existing investment in IntelliSite, DFW and the management team are building a robust technology services platform offering IoT solutions, wireless connectivity and AI services that is well-positioned for growth,” Douglas Kelley, managing director of Capital Southwest, said.
“Broad Sky’s recently launched Wireless Window platform positions the company to continue to be the preeminent partner for customers’ wireless connectivity services,” Rachel Bazan, vice president of Capital Southwest, said.
Capital Southwest provides financing solutions to support acquisitions of middle market businesses.
