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Post Road Leads $100MM Debt Facility for One Source Communications

Date: Mar 15, 2024 @ 07:36 AM
Filed Under: Communications

One Source Communications secured a new $100 million debt facility led by Post Road Group, with participation from Boundary Street Capital  and Encina Private Credit.

One Source secured the debt capital to support internal growth initiatives and continue the company's strategy to acquire highly strategic independent telecom agents. Over the past eighteen months, One Source has supplemented its organic growth initiatives with the completion of 11 telecom agent acquisitions.

“We are thrilled to partner with Post Road Group, Boundary Street, and Encina on this next phase of growth to bring our strong technical capabilities and leading customer success platform to more enterprises that are trying to manage increasingly complex communications and technology environments." said Tim Meng, CEO of One Source.

"One Source has a differentiated strategy for serving enterprises with a robust platform that simplifies management of communications and IT systems and related vendors. We are proud to partner with Boundary Street and Encina to support One Source as they continue to expand their reach” said Gardner Horan, Managing Director at Post Road Group.

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