Mooreland Partners Advises Exenta on a Private Placement with Star Mountain Capital

NEW YORK – October 12, 2018 – Mooreland Partners, the leading independent investment bank providing M&A and private capital advisory services to the global technology industry, announced today that it acted as the exclusive financial advisor to Exenta, Inc. (“Exenta” or the “Company”) on a private placement with Star Mountain Capital. Based in New York, Exenta is a leading enterprise software company focused on the fashion and soft goods verticals.

The Company develops an integrated software suite that enables customers to more effectively design, source, sell and warehouse products, optimizing costs and creating operating efficiencies in a highly competitive and rapidly changing end market. The Company’s products facilitate sophisticated reporting, analytics, productivity and collaboration features for their customers.

Mooreland remains one of the most active middle market advisors in enterprise and vertical application software having already completed 10 transactions year to date. “Exenta has a unique multi-product software offering for the fashion and apparel verticals. We are pleased that we could work with Exenta’s highly professional and experienced management team, board and investor base to complete this ideal transaction as the Company continues to scale,” said Phil Kwun, Managing Director, Mooreland Partners.

The private placement included an optimal mix of debt and preferred equity, resulting in the right capital structure for shareholders. “In the last year, Mooreland has repeatedly demonstrated its unique capabilities in the private capital markets as an increasing number of technology companies continue to explore the most optimal ways to finance growth and provide for investor liquidity,” said Stephen Schweich, Managing Director at Mooreland Partners.