N. Palm Beach, FL, December 20, 2009 --(PR.com
)-- Frost Capital has been engaged by a publicly traded manufacturer of vending equipment that supplies many Fortune 500 retailers. The manufacturer is listed on the "Over-the-Counter" market and has recently been awarded a major contract with a national retail chain. This new contract will deplete available working capital so the company has engaged Frost Capital to advise on tapping new capital sources.
"This company has a unique solution that is gaining acceptance within the retail channel," said Frederick Dallye, Director of Business Development at Frost Capital. "The company anticipates new contracts with multiple regional and national retail brands within the next 12 months and ramping up that production requires additional capital. We appreciate their giving Frost Capital the opportunity to assist them in this area."
About Frost Capital:
Frost Capital LLC is an investment banking firm solving the capital needs of businesses with sales or asset values over $2 million. We supply M&A advisory and financing for expansion or restructurings as well as liquidity to owners of privately held companies. Our principals have managed over 100 transactions creating value for themselves or clients in excess of $500 million. Frost Capital requires no upfront fees for any transaction and advisory term length is determined exclusively by our clients.