Archive for October, 2009
MCRC is pleased to announce a new investment in Aquent, Inc. Founded in 1986, Aquent is the world’s largest marketing and creative staffing firm providing temporary and permanent placement to Fortune 500 companies. The company has 16 offices in 15 countries. Since its founding, Aquent’s pioneering approach to staffing, consulting, and outsourcing has kept the company ahead of the market. Among its many industry-leading innovations, Aquent was the first staffing company in the U.S. to provide comprehensive health and welfare benefits for temporary employees. Aquent is a privately held company headquartered in Boston. Mass Capital’s subordinated debt investment was done in conjunction with a new senior debt facility from Wells Fargo Foothill as part of a refinancing that provided Aquent with additional working capital support. For more information visit www.aquent.com.
Massachusetts Capital Resource Company, a private investment company located in Boston, is a source of mezzanine financing for emerging growth and middle market companies. The company was formed in 1977 by the Massachusetts-based life insurance industry to provide risk capital and long term debt to small and medium sized businesses based in Massachusetts. For more information, please visit our website (www.masscapital.com) or contact us at 617-536-3900.