DEAL SIZE
$7,000,000
Team Enterprises
COMPANY
TEAM Enterprises is comprised of over 400 entrepreneurial employees with a singular focus on growing client businesses. Team Enterprises acts as a strategic partner who can help connect businesses to their core consumers and trade targets through their ability to understand consumers, identify strategic opportunities, and create concepts that resonate with them live and in the digital world. With employees in nearly every market across the country, they have the ability to use unparalleled scale to bring all manner of consumer engagements to life in the blink of an eye.
OVERVIEW
- Company had a line of credit that was coming due for renewal in early 2009—at the height of the Great Recession.
- Company’s existing lender, who had been recently acquired, was providing little communication and renewal was in doubt
ACM VALUE ADD
- Fearing an abrupt end to the existing line of credit or a restrictive term sheet, ACM quickly took over and pitched the credit to several local bank contacts
- ACM oversaw the due diligence, facilitated management meetings and negotiated term sheets
- Company successfully executed a $7 million line of credit with a new lender on better terms than the original facility
