WISPER VENTURES

1

A specialty finance company, providing equipment and

acquisition financing for early stage, emerging growth Telecom,

Media & Technology Companies

Confidential

Experienced Team 75+ years of Leasing, Leveraged Finance and M&A experience

plus 30+ years operating experience specific to targeted

investments in the telecom, technology & broadband industries

Excellent Track

Record

$96 million in financings in the Telecom and Technology space,

with a focus on WISP’s - diversified amongst ~75 companies

Proven Investment

Model

Focus on small, recurring revenue businesses that cannot attract

senior bank financing or outside investment

Target Market Target market includes small companies with recurring revenue,

including data centers, Wireless ISP’s, SaaS, and CLEC’s with

limited access to capital

Stable Cash Flow Growing recurring revenue is a hallmark of our borrowers

WISPER HIGHLIGHTS

2

Expansion capital

Upgrade technology

Platform acquisitions, consolidation

Recapitalization - providing investor / owner liquidity

FINANCING SCENARIOS

3

Recurring Revenue – minimum $500,000 annually

Mission Critical Fixed Assets

Strong subscription base with low attrition rates

Typically higher gross margins

Expanding customer base with proven growth

WISPER INVESTMENT CRITERIA

4

WISPER INVESTMENT PROFILE

5

Transactions from $250,000 to $2,500,000; up to $10,000,000 with syndication

Businesses Financed

Fixed Wireless ISP’s

Data Centers / Cloud Services

Telecom – CLEC, Middle Mile, VOIP

Technology – Wireless, GPS, RFID

Media - IPTV

Bill

MacNamara

10+ years of Telecom finance and operations experience

2 successful fixed wireless startups with successful exits

Financed more than 75 successful fixed wireless acquisitions

Originated & funded more than $58MM in lease financing to

Telecom, and related services

Tom Fencl 24 years experience structuring acquisitions & buyouts

Raised / structured /underwritten more than $500MM in Debt

/Equity for leveraged transactions

Raised more than $125MM in mezzanine capital

Originated $300MM in sell side and buy side transactions

Scott Peters 28 years of start up, operating experience & structured finance

18 years experience in early stage debt/equity investing > $1B

$38MM in early stage financing to emerging growth companies

Structured more than $1 billion in LBO financing

Early stage C level operating executive, growing business to

more than $1 billion in assets and 1700 employees

WISPER TEAM

6

Tom Fencl – Managing Partner

Tom@wisperventures.com

Scott Peters – Managing Partner

Scott@wisperventures.com

Bill MacNamara – Managing Partner

Bill@wisperventures.com

CONTACT INFORMATION