This facility represents the beginning of what is to be a long working relationship with Netpique. We look forward to working alongside the company's management as their advisor as they continue to roll out and execute their growth strategy
Chicago, IL/Palm Coast, FL (Vocus) July 21, 2009
Houlihan Smith & Company., Inc. acted as the exclusive advisor in arranging a $3 million credit facility for Netpique, LLC. It was announced today by Charles Botchway, Group Managing Director and Vice Chairman of Houlihan Smith & Company., Inc. The credit facility was provided by Wells Fargo Bank. The transaction was led by Houlihan Smith Managing Director Barry Petersen.
"This facility represents the beginning of what is to be a long working relationship with Netpique. We look forward to working alongside the company's management as their advisor as they continue to roll out and execute their growth strategy," said Petersen, who worked directly with Wells Fargo Bank to establish the facility.
Founded in 2004, Netpique, LLC, (http://www.netpique.com) is a provider of dedicated outsourcing solutions for clients engaged in a broad spectrum of industries targeting incremental sales growth in the SMB markets. The company is headquartered in Palm Coast, Florida. "The professionals at Houlihan Smith took the time to understand Netpique's unique niche. Houlihan Smith assisted Netpique in evaluating the best vehicles and partners to meet our current and future growth requirements." said Chris Ginnane President and CEO of Netpique.
Wells Fargo & Company is a diversified financial services company with $1.3 trillion in assets, providing banking, insurance, investments, mortgage and consumer finance through more than 10,400 locations across North America and internationally.
Houlihan Smith & Company, Inc. ("Houlihan") is a specialized investment banking firm that provides advisory, financing, and valuation services to public and private businesses. Houlihan is a registered broker-dealer and FINRA/SIPC Member.
Houlihan understands the time sensitivity of corporate finance, and responds quickly and tenaciously to opportunities. The Houlihan approach creates corporate finance transactions in which business owners and investors mutually benefit. We have the knowledge, experience and relationships to match buyers and sellers, as well as to match the appropriate financing and capitalization structure to each unique client situation. The Houlihan name is synonymous with professional financial expertise. We provide cost-effective fairness and solvency opinions, as well as valuations for tax and financial reporting to some of the largest NYSE/NASDAQ companies, as well as small, privately held businesses.