Lucosky Brookman counseled its client, Digerati Technologies, Inc. (OTCQB: DTGI), a provider of cloud services specializing in UCaaS (Unified Communications as a Service) solutions for the small to medium-sized business market, and its subsidiary T3 Communications, Inc., in connection with a $20 Million Senior Secured Credit Facility with Connecticut-based Post Road Group. The initial funding of $14 Million from the $20 Million multi-draw facility was used to close the Company’s acquisitions of Nexogy, Inc. (Nexogy.com) and ActivePBX (ActivePBX.com), and refinance existing debt. Lucosky Brookman served as counsel to the Company in connection with the $20 Million financing and both the asset acquisition and the share acquisition.
