Griffin Represents Telesciences in a Private Placement of Preferred Equity Growth Capital
Griffin represented Telesciences in its private placement of preferred equity capital with Spire Capital Partners, LP. Telesciences, located in Mt. Laurel, NJ, provides mediation, customer self-service and revenue assurance software solutions for telecommunications service and equipment companies. After assisting the Telesciences management team in their management buyout of the company in September 2005, Griffin raised the preferred equity capital to provide Telesciences with the funding required to execute its strategic growth plans. Spire, based in New York, NY, manages a $260 million private equity fund focused exclusively on the media, communications, information services and business services industries.