Investment will Support Expansion of Revolutionary Mailing Industry Network
Irving, TX, March 21, 2018 (GLOBE NEWSWIRE) -- Innovative mailing industry pioneer Royal Alliances has unveiled a revenue-based growth financing agreement with Decathlon Capital Partners.
The new funding will be utilized to expand distribution capacity of the nationwide network of individual mail service providers in support of surging customer demand. The company’s unique software unlocks the potential of alliance facilities all over the United States to create efficiency for partners and their customers.
“Royal Alliances has forever altered the mailing industry by transforming competitors into allies in a network that benefits all its members,” said CEO Aaron McDaniel. “The resources from Decathlon Capital will enable us to capitalize on the increased number of inquiries we’re receiving about joining the network.”
“No one in the industry is doing what Royal Alliances is,” noted Decathlon Capital’s Wayne Cantwell. “Aaron and his team are disrupting the mailing business from the unique angle of uniting former competitors through a common interest. Our non-dilutive, revenue-based financing solution was a perfect way to help the company grow, and we’re excited to be part of the Royal Alliances story.”
About Royal Alliances
Founded 2012, Royal Alliances is anchored by a network based on free-to-use software supporting transparent third-party mail share efforts, logistics, tracking, accounting, and data security. The company’s cloud-based technology enables competitors to work together for the overall good of the mailing industry. Learn more at www.royalalliances.com.
About Decathlon Capital Partners
Decathlon Capital Partners provides growth capital for companies seeking alternatives to traditional equity investment. Through the use of highly customized revenue-based financing solutions, Decathlon provides long-term growth capital without the dilution, loss of control and operational overhead that often comes with equity-based funding. With offices in Palo Alto and Park City, Decathlon is the largest revenue-based funding investor in the U.S. and is active across a wide range of sectors. Learn more at www.decathloncapital.com.