Access Capital recently added Signify Technology Group (“Signify”) to its portfolio.
Signify is a technology recruitment company based in Santa Monica, CA and is the US subsidiary of Signify UK. The new borrower has an established specialization in placing engineers who are distinctly trained in a unique programming language known as Scala and was founded by Ryan Adams, a recruitment industry veteran with over 14 years of experience.
Signify was previously financed with a factor in an arrangement that was no longer in alignment with the company’s growth trajectory. Adams was referred to Access Capital by an existing client and the Access Capital team worked to establish a credit facility to support Signify’s strategic objectives.