Balance Point Invests in John Staurulakis, LLC to Support Refinancing and Future Growth Initiatives

May 09, 2024•about 1 year ago

GreenbeltHardware

Investors

Stone Goff PartnersBalance Point Capital Advisors, Llc

Description

Balance Point Capital Advisors, LLC provided debt capital to support a refinancing of JSI's existing credit facilities, fund a shareholder distribution and extended available capital for future acquisition activity. This investment will help JSI in its next phase of growth and position it as the leading full-service consulting services provider to the rural telecom community.

Company Information

Company

JSI

Location

Greenbelt, Maryland, United States

About

JSI is a full-service consulting firm, providing engineering, outside plant, inside plant, regulatory, and a suite of managed services technology products to rural broadband communications providers. JSI has customer relationships with more than 600 telecommunications operators across 46 states and several US territories. Headquartered in Greenbelt, MD, JSI also has offices in AK, GA, HI, IL, LA, MI, MN, NC, TX, UT and WI. JSI can be found at jsitel.com.

Funding Insights

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VC-backed spending patterns

VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

Balance Point Invests in John Staurulakis, LLC to Support Refinancing and Future Growth Initiatives

Investors

Description

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