Financial Advisory Positions Seal Shield as Category Leader Amid COVID-19 Pandemic
CHICAGO — Auctus Capital Partners is pleased to announce its role as exclusive advisor to Seal Shield, supporting the leading manufacturer of waterproof and washable keyboards, mice and UV-C technology in securing senior-secured financing and a revolving line of credit from BBVA. The transaction was led by Auctus and announced by its CEO and Managing Partner Muhammad Azfar.
“We are delighted to have Seal Shield as our client and excited to continue working collaboratively with its committed management team,” said Azfar. “The company has been solving a major problem in this space and is experiencing tremendous growth with the heightened awareness around COVID-19. Seal Shield is well-positioned to be a category leader in the infection control product space with technology that is now more relevant than ever.”
Seal Shield designs and manufacturers waterproof and washable technology for healthcare and commercial needs. It provides a wide range of computer hardware solutions, including keyboards, mice, TV remotes and screen protectors for monitors, and a UV-C disinfection device for mobile devices and point-of-sale systems. Its ElectroClave is the industry’s first comprehensive system for disinfection and management of mobile electronics, offering cloud-based oversight and infection control technology that destroys 99.9% of E. coli, Staph, CRE and MRS on hard, non-porous devices.
Working closely with Seal Shield, Auctus Capital Partners secured financing and a revolving line of credit from BBVA. The transaction enables the client to pursue a growth strategy that keeps up with rapidly increasing demand for multiple products across an expanding customer base and solidifies its position as a market leader.
“We are extremely impressed with Auctus Capital Partners. Its team worked quickly and provided valuable counsel in guiding us to a pivotal position for growth in this evolving category,” said Bradley Whitchurch, Seal Shield Founder and CEO.
Seal Shield’s medical-grade keyboards have become recognized as an important and cost-effective tool in the infection control space.
More information is available at www.sealshield.com.
About Auctus Capital Partners
Auctus Capital Partners is a leading financial services and investment banking firm focused exclusively on creating value for the lower middle market. We specialize in merger & acquisition advisory, institutional private placements of debt and equity, financial restructuring, valuation, and strategic consulting. Our senior bankers have deep domain expertise across a range of industries, with the necessary foresight to navigate highly-complex transactions to maximize value and achieve optimal outcomes for clients. www.AuctusCapitalInc.com
About Seal Shield LLC
Founded in 2006, Seal Shield is a global leader in infection control technology. Its mission is to “Prevent Infection and Save Lives.” Seal Shield provides a full range of technologies and products that mitigate the risk of cross contamination infections in healthcare settings as well as other communal environments. Its products include bleach-safe, dishwasher-safe, waterproof and antimicrobial protected keyboards, medical-grade computer mice, TV remotes, screen protectors, and a UV-C disinfection device.
BBVA USA Bancshares, Inc. is a Sunbelt-based bank holding company whose principal subsidiary, BBVA USA, operates 641 branches, including 330 in Texas, 89 in Alabama, 63 in Arizona, 61 in California, 44 in Florida, 37 in Colorado and 17 in New Mexico. BBVA USA ranks among the top 25 largest U.S. commercial banks based on deposit market share and ranks among the largest banks in Alabama (2nd), Texas (4th) and Arizona (6th).