Madison Street had the sole responsibility of advising Sachs Capital Group in the acquisition of RMG Works. Virgo Capital and Merion Investment financed the entire transaction. Most of Fortune 100 companies, comprising of 50% rely on the services of RMG for its hardware, software, digital signage and other services. The team from Madison Street Capital was led by the Senior Managing Director, Mr. Barry Petersen.
Sachs Capital Group Chief Executive Officer, Gregory H. Sachs said the closing of the deal impressed them. He attributed the success of the transaction to the Madison Street Capital reputation in relationship, guidance, and efforts. According to Mr. Barry, the transaction was a great experience as they supported Mr. Sachs to effect the private transaction. RMG Network transaction was fascinating and can now capitalize on growth opportunities for its owners. This can be achieved through the digital signage anchored on cloud technology, and a corporation communication platform known as Korbyt.
After the transaction, the stockholders at RMG Networks will not receive $1.29 per share, and the RMG stocks stopped trading in the NADSAQ Stock Exchange on 28th September 2018. RMG goes beyond the traditional means of communication to encompass assisting productivity in business, efficiency, and engagement through the application of digital messaging. Combining business applications, software, hardware, and other services assists the company to provide a particular point of responsibility to integrate visualization of data and real time management of performance. RMG operates from Dallas, Texas, where the headquarters are located.
Conversely, Sachs Capital Group offers supple regulatory and non-regulatory investment to prosperous entrepreneurs. The company has an investment philosophy that shows their confidence in long-standing capital increase with controlled financial and operating risk. Sachs Capital Group has disciplined investors whose focus is on business fundamentals, superior management, valuation and the best corporate governance.
About Madison Capital
Madison Street Capital is an international investment banking firm with offices in North America, Africa, as well as Asia. Its operations are anchored on, excellence, service, integrity and leadership. Madison Street provides commercial financial consultative services, merger and acquisition knowledge, monetary options, and valuation services to businesses that are either publicly or privately owned. As such, the company is able to position its client on a successful path in the global marketplace.
Every project they undertake for the client is personalized and their financial advisory and successful capital assists them to match the M&A transactions for transfer of ownership. Madison Street views the emerging market as a big contributor to the global growth of their clients. The company has earned its clients’ trust through the commitment to the highest standards of professionalism. Madison Street has a global view offering equal emphasis on local markets network and business relationships.
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