News 2006
Q Advisors Represents Venda in its $20 Million Equity Financing
LONDON, ENGLAND, and NEW YORK, NY, December 13, 2006 - Venda, Ltd., the leading global provider of on-demand eCommerce solutions, announced the initial closing of an over-subscribed $20 million round of equity financing, led by Investor Growth Capital (“IGC”), with existing investor GF Private Equity Group, LLC, a component company of the Southern Ute Growth Fund, participating. In conjunction with the financing, IGC’s Noah Walley and Phil Dur will join Venda, Ltd.’s board of directors.
Q Advisors Represents Narus in its $20 Million Equity Financing
MOUNTAIN VIEW, CA, October 30, 2006 - Narus, Inc. today announced that it has secured $30 million in expansion financing. This financing includes $20 million in equity and a $10 million revolving line of credit. The equity component will be led by American Capital Strategies Ltd. (Nasdaq: ACAS). This financing includes participation from existing investors including Mayfield Fund, Pacven Walden Ventures, J.P. Morgan Partners and NeoCarta Ventures. The funding will be used primarily to develop the next generation of award-winning NarusInsight™ products, and to accelerate the company's global channel initiative to support the worldwide adoption for its products.
Q Advisors Represents SendPhotos in its Acquisition by Avanquest
DENVER, CO - Avanquest Software, a leading software developer and publisher for consumer and business markets worldwide, today announced its entry into the online digital photo sharing market with the acquisition of the assets of Boulder, Colorado-based SendPhotos, Inc., developer of SendPhotos.com and its associated state-of-the-art PC software.
Q Advisors Represents WildBlue Communications in its $350 Million Debt Financing
DENVER, CO, August 21, 2006 - WildBlue Communications, Inc. today announced that it completed a $350 million debt financing led by Liberty Media Corporation and Tennenbaum Capital Partners LLC. The $350 million of secured financing enhances the company’s capital structure and provides additional capital to fund the continuing growth of WildBlue’s broadband business. WildBlue provides broadband connectivity via satellite to homes and small businesses in communities where terrestrial broadband access alternatives are either limited or unavailable.
Q Advisors Represents NuVox Communications in its $95 Million Debt Financing
GREENVILLE, SC, May 15, 2006 - NuVox Communications, a leading communications provider to business customers throughout the Southeast and Midwest, today announced that it has closed a $95 million senior secured credit facility, consisting of an $85 million 6-year term loan and a $10 million 5-year revolving credit facility. The proceeds from the new facility will be used to refinance certain existing indebtedness and for general corporate purposes.
Q Advisors Represents ATN in its Acquisition of SoVerNet
SALEM, MA, February 13, 2006 - Atlantic Tele-Network, Inc. ("ATN") (AMEX: ANK), a communications services holding company, today announced it has completed the acquisition of SoVerNet, Inc. in a cash transaction valued at approximately $12.7 million, including the repayment of approximately $1.4 million in SoVerNet debt.
Q Advisors Represents LightEdge Solutions in its Acquisition of Internet Express
DES MOINES, IA, January 24, 2006 - LightEdge Solutions, Inc., a leader in converged data networking, voice-over-Internet-protocol (VoIP) and managed IT business services, and Internet Express, a Moline, Illinois-based provider of business and residential Internet services in the Quad-Cities area, today announced the joining of the two companies’ resources and technology services offerings. The combined entity will operate under the name of LightEdge Solutions. |