To our clients and friends,
First, we hope that you and your families are well and staying safe during this unprecendened Covid-19 pandemic.
Second, we hope that your businesses and especially your employees are doing well.
Telos Capital Advisors is open for business, albeit all working remotely. We have two sale transactions in the later stages. Neither business has been negatively affected by the situation thus far and the transactions are proceeding under a new operating dynamic. Everyone is adjusting to the situation and we appreciate that.
We know many businesses are suffering and there will be a need for capital for many of them. While the credit markets for large amounts of capital, e.g. commercial paper, are experiencing problems, our experience thus far is that the market for smaller transactions is still operating.
The challenge everyone is facing is knowing how long this situation will last and what any lasting impact will be. We want you to know that we are here for you to discuss the situation and your needs to determine what can be done immediately or once the situation returns to normal – which it ultimately will.
Feel free to contact any of us.
Our best wishes to you all.