White Oak Global Advisors provided a $17 million senior secured loan to a global cloud-based software and services company. The investment will support the company’s recapitalization and provide additional liquidity to fund continued growth and product development initiatives.
“White Oak is proud to partner with a company whose privacy-first solutions align with the growing global demand for secure and customizable digital infrastructure,” Darius Mozaffarian, managing partner and president of White Oak Global Advisors, said. “We have strong conviction in the company’s business model and recurring-revenue foundation, and we look forward to supporting their next phase of growth.”
The recapitalization positions the company for continued growth as it advances product development efforts.
