OEM Capital was asked by the Company to assist it in their financing program. Our client, a privately held company headquartered in the Western US, is a manufacturer of microwave heated, proprietary recycling systems. The transaction involved an equity investment of approximately $20 million to fund the Company’s Series B Round from a number of individual and institutional investors in the US and Europe.
Five-S Technology, LLC
OEM Capital assisted Five-S Technology LLC in identifying an experienced financial partner to form and build a platform of IT solutions providers and managed services firms. Five-Sís founder is a successful and proven entrepreneur with over 25 yearsí experience creating, building and monetizing investments in technology related industries. OEM Capital assisted him in partnering with Navigation Capital Partners (NCP), an Atlanta-based private equity firm with a targeted focus on acquiring and integrating IT solutions providers and managed services firms in a platform company, Stratos Management Systems, Inc.
As a result of OEMís involvement, our client was able to partner with an experienced investment firm to build an IT services platform. NCP is an Atlanta-based private equity firm making control growth and buyout investments of $10 million to $30 million in lower middle market niche business services companies, with particular emphasis in sectors where it has deep investment experience.
OEM Capital is a technology investment banking firm offering corporate finance advisory services to both public and private electronics, communications, software, and information technology companies. Services offered include mergers and acquisitions advisory, private placements of debt and equity, including PIPEs, strategic advisory, recapitalizations and restructurings, and financial opinions.
OEM Capital’s professionals have extensive experience in the industries they cover. As a founding member of the Alliance of International Corporate Advisors (AICA), OEM Capital provides its clients with access to transactions on a global scale, in every major technology market in the world.
Private Gaming and Entertainment Software Company
OEM Capital sourced the investor, and advised the Company, a privately-owned gaming and entertainment software provider, on the private placement of an equity investment by a European Investment Group.
As a result of our involvement, the Company was able to close a transaction that provided the necessary capital to proceed with the next phase of their product development process, and do so on favorable terms to the existing shareholders.
OEM Capital is a specialty investment banking firm offering corporate finance advisory services to both public and private electronics, communications, software, and information technology companies. Services offered include strategic advisory, mergers and acquisitions advisory, private placements of debt and equity, PIPEs, recapitalizations and restructurings, and financial opinions.
OEM Capital‘s professionals have extensive experience in the industries they cover, and as a founding member of the Alliance of International Corporate Advisors (AICA), OEM Capital can provide our clients with access to transactions on a global scale, in every major technology market in the world.
V-Band Corporation
V – Band Corporation, a $30 million public company based in Elmsford , New York and listed on NASDAQ, is a leading supplier of turnkey instant access voice communication systems. These systems include sophisticated communications workstations, switching equipment, peripheral products, project management, technical services and wide area network solutions. Its products and services are used worldwide by financial service organizations for the trading of stocks, bonds and other financial instruments as well as mission critical communication requirements for the electric power industry and emergency services providers.
The National Bank of Canada , a major international financial institution, has total assts of over C$50 billion.
OEM Capital was asked to assist V-Band in finding a lender to provide a working capital line. The company, because of its recent history of unprofitable operations, had not been able to develop interest among commercial banks known to it to provide the necessary loan facilities and found the terms and conditions of non-bank lenders unattractive.
OEM Capital helped V-Band present its business prospects in their most favorable light and developed a marketing program which exploited banking contacts whose interests were known to us. Our presentation of the company’s prospects allowed V-Band to secure the desired credit line under favorable terms in a timely manner.
Our success with V-Band illustrates that , whether a business is healthy, under performing or distressed, superior valuations can be realized for the selling shareholders by a well-executed approach to a sale or divestiture by merger and acquisition professionals who are knowledgeable about the industry and the intentions of its participants.
Tridex
Tridex Corporation, a publicly held company traded on NASDAQ with its corporate headquarters in New York, New York, is a provider of coaxial connectors for high frequency communication equipment and systems and retail point-of-sale systems.
OEM Capital was asked to assist Tridex Corporation in securing financing to redeem its subordinated debt that was coming due, provide for additional working capital. It also wished to secure an acquisition credit line for contemplated acquisitions. We helped the company prepare a financial plan that stressed the high cash flow of each of the company’s businesses and their inherent enterprise value, which provided excellent collateral, and approached the most likely lenders.
OEM Capital’s presentation of the company’s business prospects to a number of lenders secured the required funding in a timely manner from Heller Financial Services, Inc. The refinancing allowed Tridex Corporation to pay off its publicly held bonds and launch an acquisition program to provide it with additional revenues and cash flow.
Our success with Tridex 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.
Temptronic
Temptronic Corporation, a closely held company based in Newton , Massachusetts is a technology and market leader in the design and manufacture of equipment used to provide in-situ temperature cycling for production and development stage electrical testing of semiconductor wafers and electronic devices.
OEM Capital was asked to assist Temptronic Corporation in re-capitalizing the company, whose founder and controlling shareholder wished to liquidate a large portion of his holdings for retirement purposes but not to transfer voting control to a new investor group.
We worked closely with management to prepare detailed, multi-year cash flow projections and devised a financing structure which would minimize dilution to the non-selling shareholders and be attractive to the largest number of new investors.
OEM Capital approached the company’s lender as well as other financial institutions. We negotiated a US$3.5 million increase to the company’s credit line with a new lender which also gave Temptronic Corporation the
flexibility of using up to US$2 million of the credit line for the redemption of common shares.
In parallel with this activity, we carefully selected and approached a limited number of institutional investors and secured a number of attractive investment proposals. Working closely with the controlling shareholder, we helped develop an attractive proposal from the company’s Japanese distributor in conjunction with a shareholder redemption program using the company’s existing employee stock ownership program.
As a result of our program, selling shareholders were able to liquidate all or part of their holdings while non-selling shareholders were able to modestly increase their ownership percentage without increasing the company’s debt.
Our success with Temptronic Corporation illustrates that superior valuations can be realized for shareholders by a well executed approach by merger and acquisition professionals who are knowledgeable about the industry and the intentions of its participants.
Mobile Datacom
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.
Metrophotonics
MetroPhotonics, a privately held company based in Ottawa Canada , is a leading developer of photonic integrated circuits for access, metro and long-haul networks. MetroPhotonics delivers component solutions that reduce initial deployment and overall component lifetime costs while improving performance and functionality. Using patented designs, and compound semiconductor material, MetroPhotonics leads the industry in providing quality monolithically integrated optical components at the lowest cost, with the smallest footprint, lowest power consumption and fastest speed.
Mitsubishi Corporation is Japan ‘s largest general trading company ( sogo shosha ) with over 200 offices in approximately 80 countries. Together with its over 500 group companies, it employs a multinational workforce of approximately 48,000 people. Mitsubishi Corporation has long been engaged in business with customers around the world in virtually every industry, including energy, metals, machinery, chemicals, food and general merchandise.
OEM Capital was asked by Aegis Ltd., a Canadian firm serving as the financial advisor to MetroPhotonics and, along with it , a member of the International Network of M&A Partners, to assist in helping MetroPhotonics establish a strong distribution partner in Asia for its innovative SurePathT product portfolio.
OEM Capital worked closely with Aegis Ltd. and MetroPhotonics to develop a program aimed at soliciting interest from strategic parties. This program elicited a number of interested firms, from which a few were selected to meet with management and receive a detailed business presentation.
Our success with MetroPhotonics illustrates that superior results can be realized by a well-executed approach by merger and acquisition professionals who are knowledgeable about the industry and the intentions of its participants and who are connected to a worldwide network of experienced professionals.
Metro Creative Graphics
Metro Creative Graphics, Inc., a closely held company based in New York , New York , is a provider of graphics services to newspapers throughout the US .
OEM Capital was asked to assist Metro Creative Graphics, Inc. in securing financing to complete its contemplated acquisition of SCW, Inc., a West Coast division of The E. W. Scripps Company, which was engaged in a similar business. The loan also would provide for additional working capital to execute Metro Creative Graphics, Inc.’s software services build-out. We initiated discussions and assisted management in its negotiations with The E. W. Scripps Company, helped the company prepare its financial plan and approached the most likely lenders.
OEM Capital’s presentation of the acquisition’s attractiveness to a number of lenders secured the required funding in a timely manner from the New York Graphics Arts Lending practice of Marine Midland Bank. The investment allowed Metro Creative Graphics, Inc. to launch its software services and provide it with additional revenues and cash flow.
Our success with Metro Creative Graphics, Inc. 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.
Max Q Technologies
Max Q Technologies, Inc., a privately held company based in Norwalk , Connecticut , was formed to provide total business software solutions and implementation services for middle market companies. The company is in the forefront of developing advanced supply chain management, data warehousing and financial applications. It plans to develop a national network of value added resellers to provide businesses a cost-effective solution with the quality control assurances of a national brand.
CEP Systems, Inc., a private company headquartered in Norwalk, Connecticut and Beacon Productivity Group, Inc., a private company headquartered in Detroit, Michigan are software developers and value added resellers of third-party software. EBIZ USA Inc. was the predecessor company to Max Q Technologies, Inc.
OEM Capital was asked by the CEO and founder of Max Q Technologies to assist him in merger and acquisition negotiations and to secure the necessary investment to conclude the contemplated transactions .
OEM Capital worked closely with the founder to prepare a financing memorandum and investor presentations while developing a marketing program aimed at soliciting interest from interested equity groups. Using our network of institutional and individual private equity sources, this program elicited several interested investors and a selected group met with management and received a detailed presentation of the business plan.
As a result of our involvement, Max Q Technologies, Inc. was able to conclude a transaction with an investor group that is prepared to fund additional acquisitions.
Our success with Max Q Technologies, Inc. illustrates that superior results can be realized for a company by a well-executed sales approach by merger and acquisition professionals who are knowledgeable about the industry and the intentions of its participants.