Marquis, a Plano, Texas-based fintech company that is focused on getting results for over 700 financial institutions nationwide has deployed DealCloud.
With the opening of the regional headquarters in London, DealCloud operates out of 4 offices globally. Supporting a rapidly growing client base in the region, DealCloud now provides implementation services, client support, and account management through a dedicated team based out of the London office.
DealCloud is excited to be sponsoring the 17th Annual Beecken Petty O’Keefe & Company Private Equity Conference hosted by the Private Equity Group at Chicago Booth and the Polsky Center for Entrepreneurship and Innovation.
Hark Capital, an Enhanced Capital fund and an innovative provider of financial solutions for financial sponsors and their portfolio companies, leverages DealCloud. Hark Capital provides non-dilutive loans to the portfolio companies of sponsors in situations that would typically require equity. The loans are based on the sponsor’s NAV, not the credit profile of the individual portfolio company. “We solve a variety of sponsor and portfolio company transition needs including liquidity, growth capital or turnaround financing. Therefore, we needed a platform that would be customizable to our business. The power of DealCloud allows us to properly segment and track the progress we make with speaking to Private Equity firms. In addition, the white glove service we receive from DealCloud is unmatchable,” describes Doug Cruikshank, Managing Director of Hark Capital.
Elsewhere Partners, a growth-stage venture capital firm is leveraging DealCloud for their intermediary coverage, portfolio company tracking and investor outreach. Elsewhere Partners makes seven-figure investments in Elsewhere Outliers – business software companies that are located outside of traditional venture capital hubs and have achieved substantial customer traction and revenue growth without significant outside funding. “We combine transitional capital with transformational expertise to help companies achieve exit readiness on their founder’s timetable and needed a platform that was as innovative and progressive as our deals are. The DealCloud platform and team have been incredible to work with powering our deal making process,” describes Sam Kentor, Co-Founder and Principal of Elsewhere Partners.