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Riata Capital led the recapitalization of COEO Solutions to support its growth plans. The investment aims to fuel COEO's expansion in managed network and cloud collaboration solutions.

Aug 20, 20254 months ago
Downers GroveFinancial ServicesTelecommunicationsHardwareInformation Technology

Investors

Riata Capital Group

Description

Riata Capital Group has announced the recapitalization of COEO Solutions, aiming to enhance COEO's strategic growth. COEO provides advanced networking and IT solutions to underserved small and mid-sized enterprises. The recapitalization will support COEO's expansion initiatives. This partnership emphasizes responsive communication for thousands of enterprise locations.

Company Information

Company

COEO Solutions

Location

16 Kieler Strasse

Downers Grove, Illinois, United States

About

COEO is a leading provider of managed network and cloud communications solutions intended to allow businesses to connect and communicate easily and securely with each other. The Company serves small to mid-size, multi-location enterprises in industries including healthcare, finance, manufacturing, business services, education, and government. Established in 2014 and headquartered in Downers Grove, IL, the Company provides white glove service to customers nationwide.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers