D.A. Davidson served as exclusive financial advisor to QuickFee Limited in establishing a new $70 million multi-currency asset-backed financing with Northleaf Capital Partners.
QuickFee is a financial technology company providing a suite of online payment solutions and loan origination offerings to professional, commercial and personal services providers. The company’s online payment platform and financing solutions enable merchants to accept payments by card, EFT/ACH, payment plan or a “buy now, pay later” (BNPL) installment plan. QuickFee currently operates in the United States and Australia.
“The D.A. Davidson technology investment banking team was critical in finding the right partner to help us accelerate growth in our business,” Simon Yeandle, CFO of QuickFee, said. “Their industry and debt expertise enabled us to craft an optimal solution that will help us scale over the long term.”
“The QuickFee team has done a phenomenal job building the company into a leader within the online payment and financing solutions industry through its robust suite of financial technology products,” Brad Gevurtz, managing director at D.A. Davidson, said. “The company works with thousands of professional services firms across the U.S. and Australia and is now bringing its payments model to a wider range of businesses.”
“We are thrilled for QuickFee to partner with the Northleaf team,” Amy Johnson, managing director and head of debt advisory at D.A. Davidson, said. “This financing aligns QuickFee with a capital source with significant experience in the BNPL space and provides the company with the capacity to rapidly accelerate its growth plans.”
