Princeton, N.J. (PRWEB) July 29, 2014
OfferBoard Securities, a private placement platform for emerging growth companies, today welcomed eight financial professionals from Finance 500 Inc. (F500), including the director of the F500 Corporate Finance Group, James Simpson, into its network. Finance 500 will work with OfferBoard to bring exclusive middle market private placement offerings to investors over the coming months.
“We are excited to welcome these experienced, broad-based industry experts from Finance 500. This move is another indicator of what we have said for quite some time – platform-based investing will expand and amplify the existing middle market finance industry, not displace it,” said OfferBoard Group CEO Chris Tyrrell.
The new bankers are bringing $150 million in active private placements to the OfferBoard platform, structured as both publically advertised (506c) and privately advertised (506b) offerings. These existing offerings include companies in industries as diverse as petrochemical products and medical devices.
“Beyond quality of management and depth of capabilities, we have chosen to join OfferBoard based on its commitment to innovation. Developing the synergies between our institutional practice and OfferBoard’s global reach will improve efficiencies in the growth capital and middle market segments and unlock new possibilities for capital formation. In the end, it’s about delivering results to our clients and, together with OfferBoard, our capabilities significantly expanding,” said Simpson.
In addition to increasing the number of financial professionals at OfferBoard Securities, this expansion brings with it two key partnerships – LM2 Network and The Value Platform. LM2 Network, the back-office and marketing infrastructure company, offers a SaaS platform tailored to the unique needs of advisory practices. LM2 provides flexibility and compatibility ideal for an organization navigating the evolving regulatory environment in corporate finance and platform-based capital formation. The Value Platform is a multi-disciplinary group of industry-leading professionals serving the unique needs of private middle market companies through proven processes developed at MIT.
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OfferBoard Group launched its exclusive private placement platform subsidiary in May 2014, with more than 35 active projects seeking $280 million in capital. OfferBoard is the only platform in North America to utilize the technology and experience of the Australian Small Scale Offerings Board (ASSOB), the world’s oldest online small offerings platform. OfferBoard addresses the unique funding needs of the middle market, particularly growing businesses in technology, financial services, life sciences, energy, business services and other global industries.
The OfferBoard Group was founded by respected financial services industry veterans. The company’s diverse leadership team is comprised of financial services industry innovators from Lending Club, Goldman Sachs, SecondMarket, Cadwalader, Chase Manhattan and the Asian Development Bank.
OfferBoard Group offers securities through its subsidiary, OfferBoard Securities, member FINRA/SIPC.
Jean at offerboard dot com / 609-498-7638