IPR received senior debt financing from Elm Park Capital Management
- Background: IPR, with headquarters outside Philadelphia, is a recognized industry leader offering private cloud and infrastructure as service solutions, cloud-based data protection and management services, and a complete range of managed solutions.
- Cassel Salpeter:
- Served as financial advisor to the Company
- Evaluated financing alternatives and provided assistance throughout the due diligence and closing process
- Challenges:
- Assisting the new management team in determining the optimal amount of capital needed to implement its growth initiatives
- Managing the diligence process of a technology company having legacy assets and a diversified product offering and pipeline
- Outcome: In February 2014, IPR International received senior debt financing from Elm Park Capital Management, a private credit-focused investment firm.
