Mobile Datacom Corporation, a closely held company based in Washington D.C. , is a provider of satellite communication services for the tracking of mobile assets and data transfer from remote sites.
Nationwide Cellular Service, Inc. is a closely held company based in Valley Steam, New York with telecommunications investments throughout the US .
OEM Capital was asked to assist Mobile Datacom Corporation in securing investors to complete its recent spin-off from Comsat International Holdings, a US government sponsored company providing international telecommunications services via a network satellites. The investment also was to provide for additional working capital to execute Mobile Datacom Corporation’s business plan. We assisted management in its negotiations with Comsat International Holdings, helped the company prepare marketing materials and approached the most likely corporate investors.
OEM Capital’s presentation of the investment’s attractiveness to a number of interested corporate investors secured the required funding in a timely manner. The investment allowed Mobile Datacom Corporation to launch its services on schedule while securing Comsat International Holdings as a strategic partner in its business.
Our success with Mobile Datacom Corporation illustrates that, whether a business is healthy or distressed, superior results can be realized for the shareholders by a well executed approach by merger and acquisition professionals who are knowledgeable about the state of the financial markets and the intentions of its participants.