I get to do this another year!
Every year, I make an assessment about how things are going and whether or not this little endeavor that began 17 years ago can continue. In 2017, Buck Financial closed more charter school financings (20) totaling more in funding ($689 million) than ever before. We have now closed over 140 charter school transactions totaling over $3.2 billion.
There are a number of factors that contribute to something like this. First and foremost, I am lucky and blessed to work with so many fantastic charter schools. It is very humbling to work with you because of the efforts you make to change the life trajectory of so many students (and their families) who otherwise might not have a chance at a good education. Many of you have been willing to tell your charter colleagues about us. We have also built some fantastic partnerships with attorneys, back office financial firms, and others, who continue to recommend us to their clients. A mild panic attack from a proposed change in tax law during the fourth quarter added to 2017’s record, by moving forward to 2017 some issues planned for 2018. I am reasonably sure Buck Financial has served as advisor or consultant on more charter school financings than any other firm, and there are many folks to thank for that.
So, after a little R&R at the beginning of January, we will be back at it as hard as ever in 2018. If there is something we can do for you, please do not hesitate to reach out. In the meantime, best wishes for 2018.