BroadMargin Among Top Venture Deals of First Quarter
McLean Group Client Obtains $21,000,000
MCLEAN, VA (April 28, 2003) - In one of the largest venture deals in the region so far this year, BroadMargin of Fairfax, Virginia, raised $21 million to fund its continued rapid growth in the telecommunications software field.
The McLean Group LLC located the venture capital and negotiated value, terms and conditions on behalf of BroadMargin. ABS Capital and Concert Capital Partners of San Francisco provided the funding. The transaction was the third largest of its kind in the mid-Atlantic region so far this year.
About The McLean Group
The McLean Group is a privately owned investment bank that provides merger and acquisition (M&A), business valuation, capital formation, corporate finance and litigation support services to clients generating from $5 million to $300 million in annual revenues.
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