July 20, 2017
Utility Telecom Group, LLC has secured $2 Million in Subordinated Debt Financing from Central Valley Fund
Posted 07/20/2017 Denver, CO
W.G. Nielsen & Co., a leading investment banking firm headquartered in Denver, CO, announced today that it acted as financial advisor to Utility Telecom Group, LLC in connection with raising $2 million in subordinated debt financing from Central Valley Fund, an institutional debt investor located in Davis, CA. The financing was used to acquire the assets of Black Cloud Networks Inc., and for general working capital purposes.
About Utility Telecom Group, LLC
Utility Telecom Group, LLC, based in Stockton, CA is a premier voice and data services company serving business customers principally in California and Nevada via a facilities-based voice and data network.
About W.G. Nielsen & Co.
W.G. Nielsen & Co. is one of the Rocky Mountain region’s premier FINRA-registered investment banking firms, specializing in mergers and acquisitions and innovate capital solutions. Founded in 1996, Denver-based W.G. Nielsen & Co. is the oldest independently owned investment banking firm in the region. The firm differentiates itself with a staff of senior investment bankers who have broad experience and importantly relationships in their areas of expertise. The firm’s bankers have collectively closed hundreds of transactions throughout the United States and internationally.