June 29, 2017 – Wells Fargo and Tree Line Capital have provided Consulting Solutions International (“CSI”) with $15.2 million of revolving line of credit and term facilities.
The new line of credit and term financing was used to refinance existing debt and improve the overall capital structure. The larger and more flexible capital structure will support continued organic growth and help fund follow-on acquisitions. White Wolf Capital (“White Wolf”) recapitalized CSI, in partnership with CSI’s founder and management team, in June 2016.
Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with $2.0 trillion in assets. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through more than 8,500 locations, 13,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in 42 countries and territories to support customers who conduct business in the global economy. With approximately 273,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 27 on Fortune’s 2016 rankings of America’s largest corporations. Wells Fargo’s vision is to satisfy our customers’ financial needs and help them succeed financially. For further information, please visit: www.wellsfargo.com.
Tree Line is a direct lender that provides customized credit solutions to small and medium sized businesses operating throughout North America and through deep, long term relationships, generates consistent repeat and referral investment opportunities. Through its comprehensive sourcing and investment process, Tree Line seeks to partner with companies who have demonstrated proven performance and are led by best in class management teams. Having worked with lower middle market companies through multiple economic cycles over 15 years, Tree Line understand the needs of its borrowers and delivers a flexible, patient and cycle-supportive approach. For further information, please visit: www.treelinecp.com.
CSI is an information technology, consulting and recruiting company that is primarily focused on providing permanent and contract IT resources to augment a client’s existing staff while implementing or upgrading complex systems. CSI has been providing experienced IT resources that enable their clients to complete their complex projects on time and on budget for over sixteen years. CSI is headquartered in Tallahassee, FL. For further information, please visit: www.csifl.com.
White Wolf Capital is a private investment firm that began operations in late 2011 and is focused on making both direct and indirect investments in leading middle market companies located in North America.
On the direct side, White Wolf Capital seeks both private equity as well as private credit investment opportunities in companies with $20 million to $200 million in revenues and up to $20 million in EBITDA. Typical situations include, management buyouts leveraged buyouts, recapitalizations and investments for growth. Preferred industries include manufacturing, business services, government services, information technology, security, aerospace and defense.
In addition to making direct investments in operating companies, White Wolf Capital also looks to invest with other private fund managers as a limited partner. Targeted investment candidates are North American focused private credit funds looking to raise $50 million to $500 million in assets under management, with a focus on the lower-middle and middle-market. For further information, please visit: www.whitewolfcapital.com.