February 16, 2022
February 16, 2022
Parkway Capital Announces Investment in Imagine Technology Group
Parkway Capital (“Parkway”) is pleased to announce an investment in Imagine Technology Group, LLC (“ITG” or the “Company”). The transaction was led by Candescent Partners who partnered with the senior management team to lead the recapitalization of the Company. Parkway Capital, Eagle Private Capital, and Midwest Mezzanine Funds each invested subordinated debt and equity in support of the transaction.
Founded in 2011 and headquartered in Chandler, Arizona, ITG is a managed technology service provider offering a comprehensive solution for office technology needs. The Company specializes in providing copy and print equipment sales, managed print services, and IT services to customers throughout Arizona. In partnering with the management team, Candescent Partners, and the other capital providers, Parkway is excited to support the Company’s growth initiatives.
PARKWAY CAPITAL OVERVIEW
Since 2000, Parkway Capital has had a history of investing alongside management, funded and independent equity sponsors, and family offices, providing flexible junior capital alternatives for lower middle market companies. Joining forces with the Calvert Street Capital Partners team in 2019, Parkway has an experienced, mezzanine-focused investment group that continues a more than two-decade long legacy of making mezzanine and minority equity investments. The Parkway investment professionals have collectively invested more than $400 million of capital across 60+ portfolio companies.
KEY CONTACTS FOR INVESTMENT OPPORTUNITIES
| Andy Silverman asilverman@cscp.com 443-573-3709 |
Nelson Westwood nwestwood@cscp.com 443-573-3712 |
CONTACT INFORMATION FOR PARKWAY CAPITAL TEAM
|
Michael Coiro |
Andy John |
Drex Knight |
Chris Pope |
Christine Vaile |
