OAKBROOK TERRACE, IL – January 30, 2018 – Prairie Capital Advisors, Inc. (“Prairie”), a leading middle-market investment bank, is pleased to announce that it has represented Talk-A-Phone Co. (“Talkaphone”) and its shareholders in partnering with Capital For Business (“CFB”) and Northcreek Mezzanine.
Founded more than 80 years ago, Talkaphone is the industry’s leading designer and manufacturer of security and life safety communication products and solutions for customers all over the world. Talkaphone manufactures emergency communication systems, mass notification systems, area of rescue/refuge systems, and access control systems for educational, corporate, commercial, and government needs.
Prairie worked closely with Talkaphone’s owners to prepare the Company for the transition and managed the process through the transaction closing. “Prairie was instrumental in defining and approaching a universe of potential partners for our company,” said Talkaphone Chairman/CEO Samuel Shanes. “The Prairie team presented us with a number of potential partners so that we could choose the ones with which we had the most comfort,” added Bob Shanes, vice president of sales.
“We believe that Talkaphone is an important company in the safety communications space. CFB makes an excellent partner to position the Company well for the significant growth opportunities in the security industry,” said Terrel Bressler, managing director at Prairie. “We continue to see strong interest by the private equity community to invest in market-leading companies like Talkaphone,” added Anthony Dolan, director at Prairie.
Prairie acted as the exclusive financial advisor to Talkaphone, working closely with its shareholders and management team throughout the process. Prairie’s deal team was integrally involved in each step of the process and guided the Company and the management team to a successful transaction outcome.
About Prairie Capital Advisors
Prairie offers investment banking, ESOP advisory and valuation services to support the growth and ownership transition strategies of middle-market companies. Headquartered in Oakbrook Terrace, Illinois, the company is a leading advisor to closely-held companies nationwide. Prairie was named the 2017 U.S.A. Fairness Opinion Advisor of the Year by M&A Atlas. For more information visit www.prairiecap.com.
Wendy Gugora, Director of Marketing
Prairie Capital Advisors, Inc.
Posted on Tue, January 30, 2018
by Wendy Gugora