Insight’s focus on operational excellence and its partnership-oriented approach with the CSAT management team were crucial to consummating the transaction.
Configure Partners Advises Insight Equity on its Dividend Recapitalization of CSAT Solutions
Atlanta, GA — Configure Partners, an investment banking platform specializing in debt placement and credit resolution services, announced today that it served as the exclusive financing advisor to Texas-based middle-market private equity firm Insight Equity Holdings LLC (“Insight Equity”) in securing committed debt capital to support the dividend recapitalization of CSAT Solutions (“CSAT”).
Insight Equity makes control investments in strategically viable, middle-market companies across a wide range of industries, specializing in partnering with manufacturing and distribution companies with attractive growth. Headquartered in Houston, TX, CSAT is a leading provider of outsourced computer, component, and medical device repair solutions.
Configure supported all aspects of the financing process, including lender screening, approach to market, transaction structuring, and negotiation of the financing-related documentation.
“The Configure team delivered a great financing solution with ideal lending partners despite a choppy credit market. Our new credit structure will provide flexibility to CSAT as we look to continuously improve our best-in-class performance for our customers and find new avenues for growth,” said Insight Equity Principal Jeff Parent. “Configure’s active involvement throughout the process and proper articulation and positioning of the company’s incredible value proposition was instrumental in driving a successful result for CSAT.”
Configure Vice President K.T. Taratus commented, “Working with the Insight team is always a pleasure. Insight’s focus on operational excellence and its partnership-oriented approach with the CSAT management team were crucial to consummating the transaction. We are honored to have played a role in effectuating this dividend recapitalization and look forward to watching CSAT’s continued success.”
About CSAT Solutions (www.csat.com)
Headquartered in Houston, Texas, CSAT is an independent provider of post-sale support services to major computer hardware manufacturers and system integrators. CSAT’s primary services include computer repair, computer component repair, repair of in-warranty and out-of-warranty products for original equipment manufacturers, logistical support services including reconfiguration, testing, and packaging, as well as highly complex inventory management programs. CSAT also sells, repairs, and maintains medical devices and parts to hospital networks and medical device distributors.
About Insight Equity (www.insightequity.com)
Insight Equity makes control investments in strategically viable, middle-market companies across a wide range of industries. Insight Equity specializes in partnering with manufacturing and distribution companies with attractive growth, including corporate divestitures, family-owned transitions, restructurings, and take-privates. Leveraging its collaborative value creation model, Insight Equity facilitates transformational improvements that can lead to significant growth in value. Insight Equity partners with and supports management teams with its operational and strategy toolkit, financial acumen, and capital. Insight Equity is headquartered near the Dallas / Ft. Worth International Airport in Southlake, Texas. The firm also has an office in New York City.
About Configure Partners (www.configurepartners.com)
Configure Partners is a preeminent credit-oriented, middle-market advisory boutique headquartered in Atlanta. The firm provides investment banking and financial advisory services surrounding credit and creditor’s rights, providing actionable advice and results-oriented execution. Configure’s Debt Placement practice designs bespoke financing solutions for borrowers to support leveraged buyouts, acquisitions, and dividend recaps, among other strategic objectives. The firm’s Credit Resolutions practice is the trusted advisor to lenders and their borrowers when confronting business, liquidity, or capital structure challenges.
Engage with Us
We provide creative solutions to the most complex, challenging financing transactions.
Get Our Newsletter
Sign up to receive proprietary insights, including case studies detailing creative solutions to the most complex, challenging financing transactions.