Concord Closes $25 Million Deal for Refurbisher of Mobile Devices

Concord Financial Advisors announced it served as Exclusive Financial Advisor and arranged $25 million in senior debt financing.

The client is a global leader in repairing and remarketing of mobile devices and accessories.

The financing consists of an $18 million senior secured revolving line of credit plus a $7 million accordion to refinance existing debt, finance an acquisition, and support working capital.