GE Capital’s Telecom, Media and Technology (TMT) financing business announced it completed 59 deals totaling more than $5.5 billion during 2013. The TMT business addressed the financial needs of customers in the cable, data center, metro fiber, radio, TV, digital media and software industries, among others
“We bring significant industry knowledge to our client relationships,” said Pete Foley, senior managing director of GE Capital’s Telecom, Media and Technology team. “We fully leverage GE’s media and technology expertise to structure smarter, more flexible credit facilities that help our customers achieve their growth goals.”
Below is a brief description of several noteworthy 2013 transactions:
Connoisseur Media
“GE Capital provides tailored financing solutions that have fueled our growth,” said Jeffrey Warshaw, CEO of Connoisseur Media. “We appreciate GE Capital’s unique knowledge and understanding of the media industry.”
“Operating in the rapidly developing cloud-tech arena, we need our lender to have experience in this industry,” said Chris Caren, Chairman and CEO of iParadigms. “GE Capital understands our business.”