NEW YORK, November 22, 2021– (BUSINESS WIRE) – DA Davidson & Co. has announced that it has acted as exclusive financial advisor to QuickFee Limited in establishing a new $ 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, business and personal service providers, helping clients access advice and the services they need, with the option of paying now or over time. The company’s fully integrated online payment platform and financing solutions allow merchants to accept payments by card, EFT / ACH, payment plan or a buy now, pay later payment plan. QuickFee currently operates in the United States and Australia.
“DA Davidson’s technology investment banking team has been instrumental in finding the right partner to help us accelerate the growth of our business,” said Simon Yeandle, CFO of QuickFee. “Their industry and debt expertise has enabled us to design an optimal solution that will help us evolve over the long term. “
“The QuickFee team has done a phenomenal job in making the company an industry leader in online payment and financing solutions through its strong suite of financial technology products,” said Brad Gevurtz, Managing Director of DA Davidson. “The company works with thousands of professional services companies in the United States and Australia and now offers its payment model to a wider range of businesses.
“We are delighted that QuickFee is partnering with the Northleaf team,” added Amy Johnson, Managing Director and Head of Debt Advisory at DA Davidson. “This funding aligns QuickFee with a source of capital with significant experience in the BNPL space and provides the company with the ability to rapidly accelerate its growth plans.
DA Davidson’s 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 around the world in four verticals: consumers, diversified industries, financial institutions and technology.
In collaboration with its European strategic partner, MCF Corporate Finance, DA Davidson creates and executes transatlantic M&A transactions under the common brand of DA Davidson MCF International.
About DA Davidson Companies
DA Davidson Companies is an employee-owned financial services company providing a range of financial services and advice to individuals, businesses, institutions and municipalities nationwide. Founded in 1935 and headquartered in Montana, with offices in Denver, Los Angeles, New York, Omaha and Seattle, the company has approximately 1,475 employees and offices in 28 states.
Subsidiaries include: DA Davidson & Co., the largest full-service investment firm based in the Northwest, providing services and advice in wealth management, investment banking, equity and income capital markets fixed ; Davidson Investment Advisors, a professional asset management company; DA 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 more information, visit dadavidson.com.
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