Balance Point Capital has provided a senior credit facility to support the growth of Stone-Goff Partners‘ portfolio company John Staurulakis LLC, a provider of consulting and engineering services to rural broadband telecommunications operators.
Founded in 1962 and led by CEO Tasos Tsolakis, JSI combines regulatory, financial and compliance advisory, fiber engineering and managed services expertise to bring a services platform to broadband operators nationwide. With a mix of re-occurring engagements and a suite of technology products, JSI is relied upon by its more than 600 customers to support day-to-day operations and drive strategic initiatives. The new debt capital will support a refinancing of JSI’s existing credit facilities, fund a distribution and extend capital for future acquisition activity.