Madison Street Capital advised Sachs Capital Group in the wake of RMG Networks’ transaction. Virgo Capital provided financing alongside Merion Investment Partners in the closing of the transaction. The international investment banking firm was an exclusive advisor in the take-private transaction. Barry Peterson, Senior Managing Director, led the Madison Street Capital reputation team. RMG Networks is the provider of digital hardware, software as well as services to over half of the Fortune 100.
Gregory Sachs, Sachs Capital Group CEO, expressed his excitement on the closing of the transaction. He praised Madison Street Capital’s guidance, efforts and relationships that helped them identify capital sources as well as work with them each step of the way.
Barry Peterson, Madison Street team leader, said that it was a great experience helping Sachs Capital Group to close the take-private transaction. He pointed out that the transaction was fascinating. He continued to say that the launch of Korbyt opened up more growth opportunities for RMG Networks.
RMG Networks shareholders got $1.29 per share in cash pursuant to the take-private transaction. The RMG’s stock stopped trading on NASDAQ Stock Exchange in September.
About RMG Networks
RMG Networks focuses on digital marketing to increase efficiency, productivity and engagement in businesses. It combines state-of-the-art hardware, software, applications and services to offer a single point of accountability for both real-time performance management and integrated data visualization. The company is based at Dallas, Texas with offices across the world.
About Sachs Capital Group
Sachs Capital Group is a well-established company that provides capital to accomplished entrepreneurs. Its investment philosophy demonstrates a strong belief in capital appreciation in the long-term with controlled operating as well as financial risk. The company has a vast focus on business fundamentals, valuation, superior management as well as proper corporate governance.
About Madison Street Capital
Madison Street is an investment banking firm based in Chicago with a strong commitment to leadership, service, excellence and integrity in providing corporate financial advisory services, financial opinions, valuations services, merger and acquisition expertise to businesses that are either publicly held or privately held. Its services extend to financial restructuring as well as Mezzanine capital raise.
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The company offers business funding and even growth capital financial services. It strives to make sure businesses grows and succeeds through their capital and finance services. Its international financial services are unmatched. Its dedication to professional standards has earned it trust of clients across the world. It believes emerging markets are core to its clients’ growth.