Business
Capital Southwest Supports Xyresic’s Investment in Tele-Town Hall, LLC
DALLAS, Dec. 22, 2021 (GLOBE NEWSWIRE) -- Capital Southwest Corporation (“Capital Southwest”) (Nasdaq: CSWC), an internally managed business development
About this update from Capital Southwest Corporation
[{"type":"text","content":"DALLAS, Dec. 22, 2021 (GLOBE NEWSWIRE) -- Capital Southwest Corporation (“Capital Southwest”) (Nasdaq: CSWC), an internally managed business development company focused on providing flexible financing solutions to support the acquisition and growth of middle market businesses, announced today that it backed Xyresic Capital’s (“Xyresic”) acquisition of Tele-Town Hall LLC (“TTH” or the “Company”) with a senior secured first lien term loan and a second lien term loan. Capital Southwest led the financing and will act as the sole administrative agent on the facility. \"We are excited to partner with Xyresic on its investment in TTH and look forward to supporting the continued growth of the platform throughout Xyresic’s ownership,” said Josh Weinstein, Senior Managing Director at Capital Southwest. Laura Zengilowski, Principal at Capital Southwest, added, “Through their innovative technology platform, the TTH team has developed a strong reputation as one of the premier mass communications service providers among politicians and corporations alike.” Founded in 2003 and headquartered in Arlington, VA, TTH is a leading provider of mass communication service solutions that allow its customers to engage and manage large-scale audiences simultaneously using ultra-high-capacity, real-time voice and messaging products that provide significantly greater functionality than traditional webinar and conferencing services. For additional information on TTH, please visit https://teletownhall.com/. About Capital Southwest Capital Southwest Corporation (Nasdaq: CSWC) is a Dallas, Texas-based, internally managed business development company with approximately $818 million in investments at fair value as of September 30, 2021. Capital Southwest is a middle market lending firm focused on supporting the acquisition and growth of middle market businesses with $5 million to $25 million investments across the capital structure, including first lien, second lien and non-control equity co-investments. As a public company with a permanent capital base, Capital Southwest has the flexibility to be creative in its financing solutions and to invest to support the growth of its portfolio companies over long periods of time. About Xyresic Capital Xyresic, based in Chicago, IL, is a private equity firm specializing in developing strategic value creation plans with a s...