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
mcoiro@cscp.com
443-573-3713

Andy John
ajohn@cscp.com
443-573-3710

Drex Knight
dknight@cscp.com
443-573-3715

Chris Pope
cpope@cscp.com
443-573-3714

Christine Vaile
cvaile@cscp.com
443-573-3719

 

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