in a large number of transactions
across a wide spectrum of industries
Fort Lauderdale, FL (August 31, 2007) -- Ft. Lauderdale-based investment banking firm Farlie Turner & Co. served as exclusive financial advisor to Collegiate Presswire, Inc. in its sale to Marketwire, a portfolio company of the private equity firm OMERS Capital Partners. OMERS is one of Canada’s largest pension funds with approximately $48 billion (Cdn) in assets under management.
The acquisition of Collegiate Presswire supports Marketwire's expansion strategy and reinforces the company's commitment to provide the best distribution options to investor relations, public relations and corporate communications professionals, including those seeking to reach colleges and universities in North America.
Farlie, Turner & Co., LLC, and its affiliate Bayshore Partners, LLC, a broker-dealer registered with the NASD, provide merger and acquisition, private placement, and financial advisory services. Visit www.farlieturner.com for more information.
About Collegiate Presswire
Collegiate Presswire (www.collegiatepresswire.com) is a leading provider of electronic content and services to college and university print and broadcast media. The company carries press releases, media alerts, photos and ready-to-run content from companies, agencies and organizations to more than 1,100 college media outlets, higher education trade publications, leading news websites and the largest information databases. Founded in 1998, the company pioneered the business of electronic press material distribution to college media, sending press releases and ready-to-run content via e-mail and the Internet to college newspapers across the country.
The only fully integrated North America-based global newswire, Marketwire, Inc. is a full-service partner to IR, PR, and MarCom professionals seeking premier distribution, media management, multimedia and monitoring solutions. Marketwire's customer-centric corporate philosophy focuses on being the best by infusing every aspect of its business with the following core attributes: precision, adaptability, innovation, and simplicity. Marketwire delivers its clients' news to the world's media and financial communities. With a reputation for technological leadership, Marketwire offers innovative products and services -- including Social Media, Search Engine Optimization, Dashboard Mobile Financial, News Dashboard coverage reports, exclusive access to networks such as the Canadian Press Wire Network, Easy IR and Easy PR workflow solutions, and more -- that help communication professionals maximize their effectiveness while ensuring accuracy and best practices. Having merged companies (Market Wire and CCNMatthews) in April 2006, and enjoying a combined history of 25 years of service, Marketwire is now majority-owned by OMERS Capital Partners, the private equity arm of one of Canada's largest pension funds. Operating 12 offices worldwide, Marketwire distributes the majority of press releases issued by publicly traded companies in Canada. For more information, visit Marketwire at www.marketwire.com.