Venning Secures $4.5M Facility with Hum Capital’s Strategic Capital Team

Venning Secures $4.5M Facility with Hum Capital’s Strategic Capital Team

We’re excited to announce that our Strategic Capital team has provided a $4.5M facility to Venning, a leading full-service CPA firm and business advisory, to fuel their next stage of growth.

Flexible Financing for Strategic Acquisitions
Venning sought access to flexible, timely capital to capitalize on strategic acquisition opportunities as they arise. Hum’s Strategic Capital team worked closely with Venning to craft a bespoke fundraising solution, allowing the firm to draw on the $4.5M facility in tranches over time.

This structure empowers Venning to execute multiple acquisitions while only drawing debt when needed, ensuring they maintain financial efficiency and flexibility during their expansion.

About Venning
Founded in 1978 in New England, Venning is a trusted full-service CPA firm that provides comprehensive tax and business advisory solutions. With expertise spanning individuals, businesses, trusts/estates, and investment funds, Venning delivers a holistic approach to navigating tax and operational complexities.

Their commitment to helping clients achieve long-term success has made Venning a valued partner for those seeking tailored solutions to complex financial and operational challenges.

Looking Ahead
This $4.5M facility marks a pivotal moment for Venning, enabling the firm to pursue strategic acquisitions and strengthen its leadership in the CPA and business advisory space. At Hum Capital, we’re proud to support forward-thinking businesses like Venning with innovative financing solutions that align with their growth strategies.

For more information about Venning and their comprehensive services, visit Venning Advisors.