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MCRC Announces a New Investment in Network Allies
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MCRC is pleased to announce its mezzanine investment in Network Allies to support their acquisition of Adtech Hardware. Founded in 2002, Network Allies is a leader in providing application-specific computing solutions, including system integration, design and engineering, logistics and support, and program management services enabling Original Equipment Manufacturers (OEMs) and Independent Software Vendors (ISVs) to focus on their core competencies. The acquisition of Adtech Hardware will allow customers to benefit from an expanded engineering and technical team as well as the size, scale and expertise of Network Allies manufacturing operations. The combined companies will operate as Network Allies, LLC with manufacturing facilities and offices in Massachusetts and Georgia and additional sales offices in Florida and Illinois.
Massachusetts Capital Resource Company invests in established emerging growth and middle market companies in Massachusetts. Our mezzanine investments fill the financing gap between traditional senior debt and equity. We help companies fund strategic acquisitions and growth initiatives, and strengthen their balance sheets.
For more information, please visit our web site www.masscapital.com or call us at 617-536-3900.
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