NEW YORK–(BUSINESS WIRE)–#finance–D.A. Davidson & Co. announced that it has served as exclusive financial advisor to QuickFee Limited in establishing a new USD equivalent, $70 million multi-currency, asset-backed financing with Northleaf Capital Partners.
QuickFee (ASX:QFE) is a fast-growing financial technology company providing an innovative suite of online payment solutions and loan origination offerings to professional, commercial, and personal services providers, helping customers access the advice and services they need, with the choice to pay now or over time. The company�s fully integrated online payment platform and financing solutions enable merchants to accept payments by card, EFT/ACH, payment plan, or a buy now, pay later installment plan. QuickFee currently operates in the United States and Australia.
The D.A. Davidson technology investment banking team was critical in finding the right partner to help us accelerate growth in our business, said Simon Yeandle, chief financial officer of QuickFee. Their industry and debt expertise enabled us to craft an optimal solution that will help us scale over the long-term.
The QuickFee team has done a phenomenal job building the company into a leader within the online payment and financing solutions industry through its robust suite of financial technology products, said Brad Gevurtz, managing director at D.A. Davidson. The company works with thousands of professional services firms across the U.S. and Australia and is now bringing its payments model to a wider range of businesses.
We are thrilled for QuickFee to partner with the Northleaf team, added Amy Johnson, managing director and head of debt advisory at D.A. Davidson. This financing aligns QuickFee with a capital source with significant experience in the BNPL space and provides the company with the capacity to rapidly accelerate its growth plans.
D.A. Davidsons investment banking division is a leading full-service investment bank that offers comprehensive financial advisory and capital markets expertise. The group has extensive transaction experience serving middle market clients worldwide across four industry verticals: consumer, diversified industrials, financial institutions, and technology.
Together with its European strategic partner, MCF Corporate Finance, D.A. Davidson originates and executes transatlantic M&A transactions under the common brand of D.A. Davidson MCF International.
About D.A. Davidson Companies
D.A. Davidson Companies is an employee-owned financial services firm offering a range of financial services and advice to individuals, corporations, institutions and municipalities nationwide. Founded in 1935 and headquartered in Montana, with corporate offices in Denver, Los Angeles, New York, Omaha, and Seattle, the company has approximately 1,475 employees and offices in 28 states.
Subsidiaries include: D.A. Davidson & Co., the largest full-service investment firm headquartered in the Northwest, providing wealth management, investment banking, equity and fixed income capital markets services and advice; Davidson Investment Advisors, a professional asset management firm; D.A. Davidson Trust Company, a trust and wealth management company; and Davidson Fixed Income Management, a registered investment adviser providing fixed income portfolio and advisory services.
For information, visit dadavidson.com.
Contacts
Emily Roy
Prosek for D.A. Davidson
(646) 818-9232
eroy@prosek.com
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