Cloud Equity Group Launches Specialty Lending Company II
June 29, 2021
NEW YORK, NY (June 29, 2021) – Cloud Equity Group (“CEG”), a New York-based investment manager specializing in tech-enabled business service providers, today announced the launch of its Specialty Lending Company II (“SLC II”) lending vehicle. SLC II will provide secured lending solutions to cash positive companies across the tech-enabled business service provider sectors, a strategy consistent with predecessor Cloud Equity Group investment vehicles.
Established in 2013, Cloud Equity Group’s investment strategy dates to the early 2000s when CEG’s founder Sean Frank served as Chief Executive Officer and Head of M&A at XE Technology Solutions, an international online services provider. The CEG team has almost a decade of experience working together supporting the growth and expansion of over 50 portfolio companies since inception.
“We are grateful for the continued strong support from our existing investment partners and are pleased to welcome new partners into our various investment vehicles,” said CEG Founder and Managing Partner Sean Frank. “We would like to thank all of our investors for their ongoing trust and support of our firm’s investment strategy.”
For more information on CEG, please see www.cloudequitygroup.com. This announcement is neither an offer to sell nor a solicitation of an offer to buy any securities, including without limitations, securities of Specialty Lending Company II (“SLC II”), or other entity associated with Cloud Equity Group (“CEG”).
About Cloud Equity Group
Cloud Equity Group is a strategically positioned investment management firm capitalizing on the rapidly expanding industries of web hosting and cloud-based infrastructure. The company’s primary focus is leveraging investor capital in the acquisition of private lower middle market companies that possess high levels of unlevered free cash flow and/or significant opportunity for exponential growth.
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