Pivotal Group puts $65M in Global Capacity

Pivotal Group, a Phoenix investment company, has acquired a $65 million piece of Global Capacity, a telecommunications and logistics company out of Chicago that is working to emerge from Chapter 11 bankruptcy. Pivot announced today the acquisition of $65 million in convertible debentures and debtor-in-possession financing. Global Capacity’s systems and services aim to help customers improve efficiency and reduce global network costs. “We believe that this acquisition will allow us to...

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