On March 28, 2019, Madison Street Capital (MSC) will receive an award for “Distressed M&A (merger and acquisition) Deal of the Year”. The award will be presented during the Distressed Investing Summit to be held in Palm Beach, Florida. Distressed investing is the purchase of the equity of a failing company.
Madison Street Capital is being honored for the advisory role it played in aiding Sachs Capital Group in the acquisition of the visual communications company RMG. Other companies involved in the deal include Sach’s co-investors Merion Investment Partners and Virgo Capital. The founder and CEO of Madison Street Capital Charles Botchway thanked the MSC team which was headed by Senior Managing Director Barry Petersen for their hard work on the Sachs Capital/RMG project. Botchway further added that the award serves as proof of Madison Street’s “…ability to help our clients successfully navigate and close complex transactions.”
Half of the fortune 100 companies utilize RMG’S digital signage media hardware and software. Barry Petersen expressed optimism that Korbyt the cloud-based, digital signage and corporate communication platform that RMG recently developed will prove profitable for Sachs Capital and its partners. As part of the transaction, RMG stockholders were bought out at the rate of $1.29 per share.
RMG now exists as a privately held company. Sachs Capital Group’s CEO Gregory Sachs credited Madison Street’s “…guidance and efforts on our behalf…” for the deal’s successful completion.
As an international investment banking firm, it is the company’s goal that the Madison Street Capital reputation should be one of excellence, integrity, and service. Charles Botchway founded Madison Street to serve middle market clients. Botchway chose to have MSC focus on the middle market because he believes that segment is the backbone of the global economy. He further expressed a sense of satisfaction in Madison Street’s ability to help entrepreneurs succeed.
With offices in Africa, Asia, and North America Clients around the world have benefited from Madison Street Capital’s knowledge in the areas of corporate finance advisory services, corporate mergers and acquisitions, and valuation. Other MSC services include raising capital for mergers and acquisitions and seeing them through to the transfer of ownership. Madison Street Capital has brokered deals in a variety of industries including defense, technology, energy, and health.
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