Norwalk, CT – May 10, 2024 – Encina Private Credit, LLC (“EPC”) is pleased to announce that it has served as club lender providing a First Out tranche in a Senior Secured Credit Facility supporting Stone Goff portfolio company John Staurulakis, LLC (“JSI”). JSI is a full-service consulting and broadband solutions leader, providing a complete range of operational, financial, management, engineering, regulatory, and strategic assistance to US communications providers.
The Senior Secured Credit Facility is led by Balance Point Capital Partners with EPC acting as club lender by providing term loan and delayed draw term loan commitments to JSI.
Encina’s customer focused, flexible, and efficient approach and meaningful commitment, coupled with industry expertise in the telecommunications sector provided JSI and Stone Goff with the certainty of execution needed in today’s market.