Lantern Capital Advisors Recent Financing Solutions Delivered
Use of Proceeds
Situation: A division manager wanted to buy his division from the owner who was having financing challenges with the bank.
How We Helped: Lantern Capital Advisors helped the manager negotiate the purchase price and terms of the buyout and secured $7 million to finance it. Today the manager owns a sizable share of the Company's equity. He, along with his management team and selling owner, also have the opportunity to obtain majority ownership control if the Company meets 80% of its stated income goals over the next five years.
Growth and Liquidity Financing
Situation: Owners of a growing software and services company were interested to explore financing alternatives to fund faster growth as well as take capital out of the business.
Abstract: A fast break play in basketball occurs when a team races down the court and scores a goal as quickly possible. Loosely translating that to business, fast break strategy means an approach that maximizes an owner’s goal (i.e. like running up the score), or achieves a desired goal as quickly as possible.