COLUMBIA PACIFIC ADVISORS’ BUSINESS FINANCE STRATEGY PROVIDES $17 MILLION LOAN TO SUPPORT ACQUISITION OF RADIO FREQUENCY EQUIPMENT FIRM, SIGNAL HOUND

Printed: Aug. 9, 2022 at 1:29 PM EDT

PORTLAND, Ore., Aug. 9, 2022 /PRNewswire/ —  Columbia Pacific Advisors’ Business Finance strategy (CPBF), a Seattle-primarily based immediate financial institution to privately-held and sponsor-backed firms, is delighted to announce that it has delivered a $17 million senior secured term personal loan to guidance the acquisition of Sign Hound, Inc. (Sign Hound). The radio frequency (RF) equipment agency is established to be acquired by Portland-dependent independent sponsor, Bridgehouse Funds.

Headquartered in Battle Floor, Washington, Sign Hound has turn out to be a primary designer and manufacturer of RF sign turbines and spectrum analyzers. Over the company’s 26 a long time of operation, Sign Hound has designed a model synonymous with innovation, good quality, and unequalled price. The firm’s items are relied upon for mission-critical RF examination by U.S. government shoppers, educational institutions, and electronics brands all around the earth.

“CPBF comprehended the independent sponsor process and was able to perform owing diligence and near in a pretty restricted time frame,” reported Harrison Osbourn, CEO of Bridgehouse Funds. “As a Navy veteran who labored with sign intelligence during my many years of service, I understand the great importance of RF spectrum analysis to obtaining mission objectives. I glance forward to functioning with Sign Hound’s dedicated personnel and proficient engineers to carry its sturdy products pipeline and expanded product suite to marketplace.”

“We are delighted to guidance Bridgehouse Money and construct on Sign Hound’s legacy of success in the RF sign marketplace,” claimed Lawrence Litchfield, Director of Enterprise Enhancement for CPBF. “This transaction shown CPBF’s capability to lover with impartial sponsors and provide inventive financing remedies for acquirers of privately-held businesses.”

Portland dependent Confluence Capital Team Inc. served as the exclusive monetary advisor for Bridgehouse.

ABOUT Signal HOUND
Signal Hound patterns and builds RF measurement gear in different form components, frequency ranges, and characteristic sets. Their equipment is employed by authorities, industrial, and educational buyers across the environment. For a lot more data, pay a visit to www.signalhound.com.

ABOUT COLUMBIA PACIFIC Business enterprise FINANCE
Columbia Pacific Business enterprise Finance (CPBF) presents direct financing to rising midsize firms throughout the region. The evergreen fund delivers structured fairness, undertaking, bridge, and mezzanine credit card debt alternatives, featuring adaptability and creativity to aid its financing associates. CPBF focuses on partnerships with privately held and sponsor-backed organizations across a extensive selection of sectors. Its mother or father firm, Columbia Pacific Advisors, manages $3.9 billion of choice property (as of 12/31/2021), which includes community and non-public equities. For far more data, go to www.columbiapacific.com.

RUBENSTEIN Public RELATIONS
Get in touch with: SARA KLEIN, 212-805-3018
[email protected] 

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