Intrepid Investment Bankers served as exclusive financial adviser to PreSonus Audio Electronics on its debt capital raise, led by Presidential Financial.

“Intrepid’s deep understanding of the professional audio space, coupled with its sophisticated capital raising expertise enabled us to secure a comprehensive financing package, inclusive of a growth capital investment, domestic senior credit facility, and a cross-border asset-based facility,” said Stephen Fraser, CEO of PreSonus. “Intrepid’s team successfully positioned our company to the financing community and delivered an outstanding result.”

“We were thrilled to complete this financing for PreSonus, which is well situated to continue to create world-class products for musicians, audio engineers, and live venues throughout the world,” said Jonathan Zucker, Head of the Capital Markets Group at Intrepid. Gary Rabishaw, head of the Consumer & Professional Electronics practice at Intrepid. “This transaction illustrates the results that Intrepid delivers to its clients by combining the extensive reach of our Capital Markets Group with the deep sector knowledge of our industry bankers. We have a lot of respect for PreSonus and are excited to have played a role in the company’s future growth plans.”

Baton Rouge, LA-based PreSonus offers sound hardware and software that serve the entire life cycle of the creative process.