Answer: Over $160 million in Business Transactions!
Many times we are asked, “What does your firm do?” We usually answer, “A lot!” Therefore, we wanted to share some of the amazing work we’ve had the privilege of executing for some of our clients in 2017. Below is a little description about each deal or project, and our amazing clients.
Mergers & Acquisitions:
What is Oomba? Oomba is a specialized social media company that is creating an interactive social network for tournaments, leagues and games, especially table top board games. Oomba GameWorks, Inc. acquired eight GameWorks and Jillian’s restaurant/entertainment centers operating across the U.S. for a total of approximately $18 million.
APEG Energy II, an investment fund managed by Angelus Capital, focusing on opportunities in the energy sector, acquired a $6 million loan facility and became the primary lender to U.S. Energy Corp. (NASDAQ:USEG), a publicly-traded oil and gas producer. We structured and formed the fund and led the acquisition efforts with US Energy.
Issuer Private Financings:
Tosk, Inc., a pharmaceutical company that discovers and develops new drugs to mitigate the adverse side effects of existing cancer treatments and to make certain cancer drugs effective in patients who do not currently benefit from treatment, closed approximately $1.3 million in new funding through sales of its D1 Preferred Stock. Tosk also received a NHI grant for 2 million to fund cutting edge research in cancer therapeutics.
Oomba, Inc. closed sales of a total of $1.3 million of its series A2 Preferred Stock. We assisted with Oomba’s prior debt and equity offerings for a total of more than $7 million.
Renton Special Care Community began construction of its new $8.6 million project following a $2 million equity raise.
University Place Special Care Community began construction of its new $7.2 million project following a $1.5 million equity raise.
Lacey Special Care Community began construction of its new $8.3 million project following a $1.5 million equity raise.
Interact CE, whose purpose is to gamify continuing education for the real estate industry, closed an offering of $1.25 million of its common shares.
Investment Funds:
Shift Capital Income Fund, a new $5,000,000 investment fund focusing on opportunities in the real estate, energy and respective ancillary services, stock, bond and lending sectors.
APEG Capital Reserve Income Fund, a new $10 million investment fund focusing on opportunities in the real estate, stock, bind and lending sectors.
Real Estate Financing:
$41 million as Lender’s counsel for real estate loans pertaining to real estate projects in Ohio, South Carolina, Texas, California, Washington, and Illinois.
$45 million in Real Estate Financing to fund the construction or take out financing for Assisted Living Projects located in: Renton, University Place, Covington, Lacey, Mt. Lake Terrace, and Bothell as Borrower’s counsel.
APEG Maxey, LP acquired and began construction on a $24.8 million multi-family residential rehabilitation project in Houston, Texas with $7.2 million raised through equity investment.
Shift Capital Income Fund issued a $2.1 loan for the construction of a new commercial real estate project in Bexar County, Texas.