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D.A. Davidson Advises CEO Ben Shidla in the Management Buyout and Debt Financing of Best Choice Products

Jun 10, 2024•over 1 year ago

Acquiring Company

ConnexPay

Acquired Company

Best Choice Products

NaplesCaliforniaMarketplaceRetailFashionE Commerce

Description

D.A. Davidson & Co. has acted as the financial advisor to Ben Shidla, CEO of Best Choice Products, in the successful buyout of remaining equity from selling shareholders. D.A. Davidson's structured and arranged financing for the transaction, with J.P. Morgan providing the debt financing. This transaction signifies another key moment in the BCP story, enabling them to continue scaling and enhancing the business.

Company Information

Company

ConnexPay

Location

27299 Riverview Center Blvd, Suite 104

Naples, Campania, Italy

About

D.A. Davidson Companies is an employee-owned financial services firm offering a range of financial services and advice to individuals, corporations, institutions and municipalities nationwide. Founded in 1935 with corporate headquarters in Great Falls, Montana, and regional headquarters in Denver, Los Angeles, New York, Omaha and Seattle, the company has approximately 1,475 employees and offices in 28 states. Subsidiaries include: D.A. Davidson & Co., a full-service investment firm providing wealth management, investment banking, equity and fixed income capital markets services and advice; Davidson Investment Advisors, a professional asset management firm; D.A. Davidson Trust Company, a trust and wealth management company; and Davidson Fixed Income Management, a registered investment adviser providing fixed income portfolio and advisory services. For more information, visit dadavidson.com.

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