Hale Capital Recaps Telenetix

Hale Capital Partners has sponsored a recapitalization of Telenetix Inc. (OTC BB: TNXI), a Bellevue, Wash.-based provider of voice services to the business market. The deal includes $3 million of working capital, and allowed Telenetix to reduce its outstanding senior debt from $29.6 million to $7.5 million.

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