• Parkfield Capital completes 2016 with successful debt refinancing for Engage:BDR


    MANHATTAN BEACH, CA – Parkfield Capital Advisors LLC (“Parkfield”) announced today that its client, Engage:BDR (the “Company”), successfully completed a debt refinancing that both lowered its cost of capital and assists in accelerating the Company’s rapid pace of growth and expansion. A leading competitor in the ad tech space, Engage:BDR hired Parkfield to advise on the debt placement.

    “My client was looking for a capital structure better suited for its exponential growth,” said Andres Pinter, Parkfield’s founder and Managing Director. “Not only did we find an asset-based line of credit that suited all of their goals, we matched our client with a financing partner that can expand the relationship at a pace matching theirs.”

    Parkfield was able to complete the refinancing transaction in under 30 days, a rare feat in today’s marketplace.

    “The Parkfield team was firing on all cylinders on this one, and we were able to ensure the deal was funded within weeks of being engaged,” explained Pinter. “The work we did for Engage:BDR is a proud accomplishment for the Parkfield team and is emblematic of and what we hope to continue to achieve for our clients in 2017 and beyond.”

    Parkfield’s debt placement advisory business presents middle market companies with access to creative capital solutions. The Parkfield team is composed of seasoned professionals with deep lending experience and relationships with a broad network of capital providers. Parkfield specializes in advising clients generating from $10 million up to $500 million in revenue that are seeking to refinance existing debt at more favorable terms, or seeking financing for growth or other situations

    About Engage:BDR
    Founded in 2009, Engage:BDR Inc. is a cross-device advertising solution company, consistently recognized for powering outstanding, integrated Display and Video ad experiences. The world’s top advertisers and comScore top 1000 publishers depend on the company’s innovative advertising and managed service solutions to drive towards individualized KPIs. The company’s strategic growth plans were recently profiled in the Los Angeles Times.

    About Parkfield
    Parkfield Capital Advisors LLC is a leading boutique financial advisory firm located in Los Angeles, California. Parkfield focuses on advising stakeholders in balance sheet restructurings and private placements of debt and equity. The firm was founded by Andres Pinter in 2014.