San Mateo, CA (PRWEB) February 03, 2014
On February 4, 2014, Accelerated Venture Partners (“AVP”) announced that they have successfully assisted The Real Hip-Hop Network, Inc. (“RHN”) a multimedia company through the regulatory requirements to complete its upcoming $40 million Initial Public Offering (IPO). RHN intends to provide family-appropriate Hip-Hop content through multiple distribution platforms including, cable TV with 32 million subscribers, the company website at RHN.TV, utilize broadband, digital and wireless platforms to deliver music, gaming and steaming video to mobile devices and in-home gaming systems.
RHN utilized AVP’s turnkey platform that provided a comprehensive going public program that is designed to assist companies through each stage of the process that includes all elements of becoming a public company and complying with regulatory requirements. The suite of back-office services included; financing solutions, strategic planning, augmenting key management, utilization of Accelerated Acquisitions XII, Inc. a Securities Exchange Commission (“SEC”) reporting company, CPA services, certified auditing, legal services, all SEC reporting compliance filings, Edgar, XBRL, transfer agent services, investor relations, public relations and introductions to global capital sources.
“Accelerated Venture Partners has been diligent in building a proven, scalable, highly-rated servicing platform that is poised for continued growth with RHN,” said Timothy Neher, Managing Partner. Atonn Muhammad, CEO and Chairman of The Real Hip-Hop Network, Inc. said, “we will continue to utilize AVP’s services that supported all of the elements of going public, allowing our management team to focus on the launch of our services and strategic growth of the business.”
About The Real Hip-Hop Network - RHN is an emerging growth company that provides family-appropriate Hip-Hop content to multi-racial/multi-generational demographics through multiple distribution platforms that initially include cable television, and the company’s website RHN.TV. RHN also intends to utilize broadband, digital and wireless platforms to deliver music, gaming and steaming video to mobile devices and in- home gaming systems. RHN currently has exclusive rights to approximately 30,000 hours of content (3.4 years). The Company intends to launch commercially through national subscription TV to a viewership of an estimated 32 million subscribers in the second quarter of 2014.
About Accelerated Venture Partners - AVP is a private equity firm with $1.7 billion in assets under management, located in Silicon Valley and having an appreciation for the challenges and complexities of growing a company and seeking to bring their expertise and experience to management teams at the Board of Directors level. AVP focuses on the long-term success of our portfolio companies and works actively to invest resources to maximize company value. Investments can take the form of helping to recruit senior management, identifying and negotiating acquisitions, formulating strategy, and financing growth. In specific situations such as a strategic acquisition or a major restructuring of a company’s distribution channel, Accelerated Venture Partners’ individual principals provide hands-on assistance to management teams.
For more information please contact Timothy Neher, 650-378-1232.
http://www.accelvp.com and tneher(at)acceleratedventurepartners(dot)com