Chicago, IL (PRWEB) July 07, 2011
There is a saying: "one man's trash is another man's treasure."
DailyDAC, a new twice-weekly e-newsletter, aims to help active investors benefit from this concept.
DailyDAC provides its readers with opportunities to buy, invest in, or finance businesses and busness assets in time sensitive situations, including those involving distressed companies and distressed owners.
According to its founder, Kristen Weber, DailyDAC staff members review thousands of public notices and court cases and speak with hundreds of attorneys, accountants, business brokers, investment bankers, and other professionals each week to find assets its readers may want to buy or otherwise invest in.
DailyDAC was founded by Kristen Weber, 27, after stints and Kirkland & Ellis and Deloitte.
According to Weber, "DailyDAC helps connect sellers who need to sell with opportunisitic buyers. Our subscribers include private equity players looking for small acquisitions, retailers looking to acquire inventory at deep discount, and all sort of others looking to pick up assets at pennies on the dollar."
The "DAC," stands for both "deal acquisition central" and "distressed asset central."
"We don't take joy in other peoples' misery, but when a business files for bankruptcy or commences an assignment for the benefit of creditors, when a bank forecloses on assets and decides to hold an Artcile 9 UCC sale, or when the owner of a business suffers some personal misfortune, our readers can benefit," says Weber, "DailyDAC serves the opportunisitic investor. If you want to make sure you see deals involving distressed assets, DailyDAC is a must."
For Weber, the notion of cultivating deal leads is sort of a natural. She spent her early years cultivating a different kind of crop, having been raised on a cattle farm.
For more information about DailyDAC, visit http://www.dailydac.com.