Essex Capital Group arranged a $3 million balance sheet recapitalization for Kingcom, a Verizon Platinum Technology distributor in the U.S. Essex Capital acted as the company’s exclusive advisor in this transaction.

Essex restructured the company’s existing debt, extending amortization and reducing debt service. The financing also provided growth capital in the form of long term debt that will allow Kingcom to continue its organic growth trajectory.

Bob Kingery, owner of Kingcom, said, “Bob and Rob Swain of Essex Capital are a breath of fresh air in the world of corporate finance. Once they begin to know you and your business needs, they hone in on ways to help you. No task is too small or too big for their attention. Dealing with Essex has been a great pleasure. They have served my company very well and we are in their debt.”

Tampa, FL-based Essex Capital Group is a corporate finance firm serving small and middle market privately-held companies located throughout the U.S.

Beaverton, OR-based Kingcom offers a nationwide footprint of the Verizon product suite.