White Oak Global Advisors has provided a $17 million senior secured loan to a global cloud-based software and services company. This investment is intended to support the company’s recapitalization and furnish additional liquidity for ongoing growth and product development initiatives.

Darius Mozaffarian, Managing Partner and President of White Oak Global Advisors, commented on the partnership, stating that White Oak is partnering with a company whose privacy-first solutions align with the increasing global demand for secure and customizable digital infrastructure. He added that the firm holds strong conviction in the company’s business model and its recurring-revenue foundation, and anticipates supporting its next phase of growth.

The recapitalization is structured to position the recipient company for continued expansion as it advances its product development efforts. The company’s business units currently serve as collaboration solutions for governments, telecommunications providers, and enterprises worldwide.

White Oak Global Advisors, LLC is an alternative debt manager focused on originating and delivering financing solutions for small and middle market enterprises across various lifecycle stages. The firm and its financing affiliates offer over twenty lending products, including term, asset-based, and equipment loans. Since its establishment in 2007, White Oak and its affiliates have deployed over $11 billion and maintain offices in the US, UK, and Australia.