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[Audio] FINANCIAL MANAGMENT CORPORATE FINANCE CIMPRESS AND APOLLO VENTURE DEBT.

[Audio] TERMS OF REFERENCE Venture debt is a form of debt financing offered to startups and high-growth companies. It is typically used as a complementary method alongside equity financing and is often provided by professional lenders or venture capital funds who understand the unique needs and risks associated with companies starting a business. This type of funding can be used to expand a company's scope, fund specific growth initiatives, or complete equity financing rounds. Conglomerate is a corporation made up of several different, independent businesses. In a conglomerate, one company owns a controlling stake in smaller companies that each conduct business operations separately. Conglomerates can be created in several ways, including mergers or acquisitions..

[Audio] BACKGROUND What kind of company is Cimpress? Cimpress is a conglomerate that specializes in mass customization, based in Dundalk, Ireland employing more than 10,000 people globally across manufacturing, marketing, technology, software development, sales and support functions. What type of company is Apollo? Apollo Global Management is a leading alternative investment management firm focused on private equity, credit and real assets. They manage a range of investment strategies, including acquisitions, distressed assets and debt investments..

[Audio] Cimpress is a global e-commerce company that provides businesses with print, digital marketing, and design services. During the COVID-19 pandemic, the company faced various challenges that affected its operations and overall performance. Some of the key issues that Cimpress may have encountered during this time could include:.

[Audio] Supply chain disruptions: The pandemic led to disruptions in global supply chains, affecting the timely delivery of materials and products, which may have impacted Cimpress's ability to fulfill orders and meet customer demands. Shift in customer demand: With many businesses facing closures or reduced operations, the demand for print and marketing services may have declined, leading to a decrease in orders and revenue for Cimpress. Operational challenges: Cimpress may have had to implement new health and safety protocols to protect its employees, leading to changes in its operations and potentially impacting productivity and efficiency..