LSQ originated a $7.5 million credit facility for a Florida-based telecom field services firm. The company will use the additional working capital to support current operations and growth.

As part of the partnership, LSQ will also provide the company with comprehensive accounts receivable and customer credit management.

“The firm is poised for tremendous growth and by accelerating capital through this facility, they are going to be able to take advantage of the opportunities they have,” said LSQ Senior Regional Vice President Chris Collins. “We are proud the private equity group chose us to partner with them and we look forward to supporting them as they grow their platform.”

“We worked with the private equity group during the company’s acquisition to ensure everything was in order for them to hit the ground running,” said LSQ Senior Business Development Officer Kyle Rich. “Lately we have seen a dramatic increase in partnerships with private equity firms and family offices. They have unique needs and it’s gratifying helping their portfolio companies with the funding they need to operate and grow.”