Los Angeles (July 15, 2013) — Bel Air Internet (BAI) has announced the successful closing of a debt financing with Pacific Western Bank. Clear Capital Advisors served as exclusive financial advisor to BAI in the transaction.
BAI is a fully integrated communication provider to multi-dwelling units (MDU), businesses, and residential neighborhoods throughout Southern California. Established in 2002 and headquartered in Sherman Oaks, California, BAI offers high-speed internet, DirectTV, and telephone service (“triple play service”) to over 15,000 consumers and businesses throughout the greater Los Angeles Area. BAI was recently awarded the 2012 MDU Dealer of the Year title by DIRECTV.
About Clear Capital Advisors
Clear Capital Advisors is an investment advisory firm focused on providing mergers and acquisitions advisory and capital raising services to select business services, digital media, healthcare, and technology companies. Securities offered through Fallbrook Capital Securities Corp., Member FINRA – SIPC. For more information, visit www.ClearCapitalAdvisors.com.