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Littlebanc Completes Sale of South Florida Educational Software Company to Phoenix Strategy Investments, LLC.
All cash transaction closes in approximately 4 months.
BOCA RATON, Fla., Nov. 18 /PRNewswire/ -- Littlebanc Advisors, LLC(1), a research-centric South Florida-based investment banking firm, sold a privately held Florida education company to Phoenix Strategy Investments, LLC. Details of the transaction were not disclosed. Littlebanc assisted the sellers in developing and negotiating the all-cash transaction.
"We were very impressed by our interactions with Littlebanc. The firm represented a great business, with a high degree of professionalism and sophistication," says David Schnabel, Managing Director of Phoenix Strategy Investments, LLC.
The transaction closed on November 3, 2009, approximately 4 months after Littlebanc was retained by the company.
(1)Securities offered through Wilmington Capital Securities, LLC, Member FINRA, MSRB, SIPC
Contact:
Littlebanc Advisors, LLC
Michael Margolies
Chief Executive Officer
561-922-3700
www.littlebanc.com
About Littlebanc Advisors, LLC
Littlebanc, securities offered through Wilmington Capital Securities, LLC, represents a select group of high quality, under-followed companies providing introductions to some of the most influential institutional investors on Wall Street. Littlebanc's consulting, sponsored research and investment banking divisions work together to help client companies get their story heard and ultimately lower their cost of capital.
"Littlebanc" is a trade name associated with Littlebanc Advisors, LLC, a consulting firm rendering services to "small cap" public companies. Littlebanc Advisors, LLC is not a bank or financial institution, takes no deposits, provides no banking or depository institution services, makes no loans and does not deal with consumers in bank-related services or otherwise.
SOURCE Littlebanc Advisors, LLC
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