I-Bank Becomes Capital/Advisory Partner to Data Analysis Software Innovator
LOS ANGELES, June 17 /PRNewswire/ -- Growthink, the leading Investment
Banking and Business Development Services Firm to Emerging and Middle Market
Companies, announced today that the Firm has been retained to raise
$15 million in Series A funding for iControl Systems, Inc., a provider of data
and billing consolidation software to print media retailers and publishers.
iControl software enables print media retailers and publishers to share
and analyze data regarding the distribution, cost, sales and revenues
generated from their newspaper and print media publications.
"Our work with iControl is the type of highly sophisticated capital and
advisory mandate that has made Growthink the leading I-Bank to emerging and
middle market companies," said Jeff Jones, a Managing Partner with Growthink
and a specialist in middle market finance.
"In addition to raising capital for iControl, we are advising the Company
on a range of enterprise development issues, including business planning,
financial modeling, market evaluation and due diligence," Jones said. "We're
looking forward to harnessing our extensive experience in building successful
companies on behalf of iControl."
"Our board of directors felt that now was the right time to retain the
services of an experienced firm such as Growthink to help us reach our
objectives," said iControl Chairman and CEO Tal J. Zlotnitsky. "We considered
several potential firms as consultants, but it was clear that Growthink was
the one most suited to help us emerge from our present stage of development
and reach the next level."
ABOUT GROWTHINK:
Growthink is the leading Investment Banking and Business Advisory Services
Firm to Emerging and Middle Market Enterprises. Growthink provides Research,
Strategic, Transactional and Investment Capital Services to its clients,
enabling companies to identify and leverage opportunities for growth and
market leadership.
Since 1999, Growthink has completed more than 1,400 business plans, market
research, and investment banking engagements and its clients have collectively
gone on to raise more than $1 billion dollars in investment capital from a
diverse and dynamic client portfolio encompassing Emerging, Established and
Fortune 2000 Companies, Venture Capital and Private Equity Funds. Learn more
about Growthink's expertise at: http://www.growthink.com.
SOURCE Growthink
Richard G. Harris, +1-646-469-9809, harris@momentumpenyc.com, for Growthink
