Bensalem, PA — ImageOne Interco, LLC (“ImageOne” or the “Company”), a portfolio company of Innovating Capital Management LLC (“Innovating Capital”), has announced the successful refinancing of its existing senior debt facility.
The refinancing was completed through a revolving line of credit from a syndicate of lenders led by MidCap Financial Trust (“MidCap Financial”) and a term loan facility from Catalur Capital Management, LP (“Catalur Capital Management”). FocalPoint Securities, LLC (“FocalPoint”) served as exclusive financial advisor to the Company.
ImageOne is a leading vertically integrated solution provider for location-based businesses across the branding cycle. The Company designs and produces branding and signage, which also serve as entry points to sell recurring and reoccurring value-added construction and facilities maintenance services. To meet nationwide demand, ImageOne has developed internal technical engineering capabilities and a partner network. The Company has over 13 years of experience working with specialty materials and metals and can meet any aesthetic choice. The Company manages an extensive network of vendors nationally to execute projects within each service category, allowing ImageOne to focus on value-added services. ImageOne uses an advanced software suite to offer high-touch, data-driven project management to execute projects seamlessly.
Dan Longshore, CEO of ImageOne, commented, “ImageOne is committed to empowering brands to think bigger while delivering more from brick and mortar. Given the headwinds created by the pandemic for our customer base, we understood that it would have similar effects on our efforts to recapitalize the Company. FocalPoint was able to quickly adapt their process to mitigate the evolving impacts of COVID-19 and deliver an impressive solution.”
Regarding the transaction, Innovating Capital member Anthony Georgiades said, “The FocalPoint team ran an extremely thorough process that yielded a variety of attractive alternatives. Ultimately, they negotiated a solution that meets our needs and provides the flexibility to grow the Company. The team carefully managed every stage of the process, and we are extremely pleased with the outcome.”
Michael Brill, Managing Director in FocalPoint’s Capital Markets practice, said, “We are delighted to have supported ImageOne with two partners who believe strongly in management’s vision. This transaction highlights our ability to deliver a great outcome in spite of the challenges associated with the pandemic.”
Founded in 2007, ImageOne is a national services company with a commitment to improving the operational structure and customer experience of brick-and-mortar companies. Its multifaceted expertise in branding, construction, fabrication, design and maintenance allows for a value-based philosophy to develop and nurture lasting relationships. For more information about ImageOne, please visit: www.i1ind.com.
About FocalPoint Partners
FocalPoint is an independent investment bank specializing in mergers and acquisitions, private placements, financial restructurings, and special situation transactions. With one of the largest dedicated Capital Markets teams in the middle market, we offer deep relationships with hundreds of lenders that allow us to navigate capital raise processes with confidence and precision. From offices in Los Angeles, Chicago, New York, and Shanghai, the firm serves middle market clients throughout the U.S. and globally. To learn more, visit focalpointllc.com and follow us on LinkedIn and Twitter.