Navigation Links
Slate Capital Group and New Markets Venture Partners Acquire eCoast Sales Solutions
Date:11/24/2009

Slate and New Markets build on their combined strength and momentum in the business services sector.

Baltimore, Md. (PRWEB) November 24, 2009 -- Slate Capital Group (www.slatecap.com), a private equity firm based in Baltimore, Maryland, and New Markets Venture Partners (www.newmarketsvp.com), a venture capital firm based in College Park, Maryland, today announced that they have acquired Ecoast Sales Solutions, Ltd. ("eCoast"). eCoast, based in Rochester, NH, is an outsourced sales and channel marketing agency that executes highly-customized programs for the high-technology industry.

"We are excited about our partnership with Slate and New Markets and the growth potential that is ahead of us," said Allen Tait, co-CEO of eCoast. "There is a tremendous need for the lead generation services that eCoast provides, and the company has continued to expand its capabilities to support channel partners in their marketing and demand generation efforts. With the resources and expertise that Slate and New Markets provide, we can enhance our offerings, expand our presence and our customer base, and solidify our leadership position in our industry."

Chris Montgomery, co-CEO of eCoast, and Allen Tait identified eCoast as a platform company to enter the rapidly-growing demand generation and channel management space and partnered with Slate and New Markets to consummate the acquisition. The interest in eCoast was derived from the attractive fundamentals of the company and its industry, including strong operating margins, recurring revenue streams, and a highly-fragmented marketplace. "We are delighted with our partnership with eCoast," said Erik Ginsberg, Managing Partner of Slate Capital Group. "We believe that eCoast is highly-differentiated from its competitors with its diverse service offering, blue chip customer base, and strong management team.”    

"This transaction provides us with an opportunity to partner with a talented management team in an attractive industry and with a company that has built a first-class reputation over the last decade," said Robb Doub, General Partner at New Markets Venture Partners. "We believe there is ample opportunity to grow organically and through strategic acquisitions, and we look forward to working with the eCoast team."

About eCoast

eCoast is an outsourced sales and channel marketing agency focused on executing highly-customized programs that result in increased revenue and outreach for the high-technology industry. With proven methods of increasing pipeline revenue, shortening sales cycles, and building long-term relationships with diverse clients, eCoast has developed a solid reputation for success, and is the primary marketing firm for many leading technology manufacturers, partners, and value added resellers across North America. Additional information about the company can be found at www.ecoastsales.com.

About Slate Capital Group

Slate Capital Group is a leading private equity investment group based in Baltimore, Maryland that invests at all stages of a company’s life cycle, from growth equity investing to leveraged buyouts, and is focused on companies headquartered in the Mid-Atlantic region. The principals of Slate have significant experience in both running small-to-mid-sized companies and investing in venture capital and leveraged buyout transactions. Slate's primary areas of focus include business services, direct marketing, healthcare services, for-profit education, niche software and consumer and retail investments. Additional information can be found at www.slatecap.com.

About New Markets Venture Partners

New Markets Venture Partners is a leading venture capital firm that invests in and actively assists innovative information technology, education, and healthcare companies. The New Markets Team has decades of experience investing in and building high growth companies, and benefits from the wisdom, tenacity, and vision of founders of a highly successful public company and one of the U.S.'s premier venture firms. Additional information can be found at www.newmarketsvp.com.

For further information contact:

Erik Ginsberg
Managing Partner
Slate Capital Group

Robb Doub
General Partner
New Markets Venture Partners

###

Read the full story at http://www.prweb.com/releases/2009/11/prweb3245144.htm.


'/>"/>
Source: PRWeb
Copyright©2009 Vocus, Inc.
All rights reserved

Related medicine news :

1. GSA showcases groundbreaking aging research slated for Atlanta meeting
2. Initial Slate of Speakers and Sponsors Announced for BioConference Live, Online Conference for the Life Science Community on November 17-19
3. Family Issues Translate Into Sick Days at Work
4. Beginning Swim Classes Too Advanced for Many Beginners; Swim Instructor Conference Slated
5. Ted Karkus and Karkus Slate of Directors Prevail in Federal Court, Seated as Directors of The Quigley Corporation; Ted Karkus Elected Chairman of the Board
6. Few pharmacies can translate prescription labels into Spanish
7. American Heart Association Web Site Now Offers Content Translated Into Traditional Chinese
8. Safeway Slated to Top $100 Million Contribution Mark to Easter Seals and Families Living with Autism and Other Disabilities with Launch of Fundraising Campaign
9. Safeway Slated to Top $100 Million Contribution Mark to Easter Seals and Families Living with Autism and Other Disabilities with Launch of Fundraising Campaign
10. Amylin Pharmaceuticals Announces Slate of Directors for Annual Meeting of Stockholders
11. LCA-Vision Announces Termination of Consent Solicitation and Withdrawal of Dissident Slate of Director Nominees
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:2/27/2017)... CA (PRWEB) , ... February 27, 2017 , ... ... serving San Francisco and environs, is proud to announce an upgrade to the ... on the upgraded Yelp page on topics as diverse as Platelet Rich Plasma ...
(Date:2/26/2017)... ... February 26, 2017 , ... NuevaCare, a leading home care agency based ... and Palo Alto, is proud to announce an important upgrade to its geographic information ... home care close to home, and by having city-specific pages, NuevaCare is answering that ...
(Date:2/26/2017)... ... February 26, 2017 , ... Functional imaging data supports improved ... study released today at the 1st Pan American Parkinson’s and Movement Disorders Congress. ... effective in improving cognitive function in PD patients. This study, led by Ibarretxe-Bilbao ...
(Date:2/24/2017)... ... 2017 , ... Only two months after the official release of The Private ... (France), XO Private has initiated a second print-run of its lavish luxury travel coffee ... across when open, weighs in at more than six kilos, retails at EUR 1,000 ...
(Date:2/24/2017)... ... ... In the Health Care IT campaign, Robert Herjavec discusses health IT security ... will be attacked, but when.” However, he and many others involved highlight a promising ... in auditing and monitoring have taken security in health care a very long way. ...
Breaking Medicine News(10 mins):
(Date:2/24/2017)... Report analyzes the worldwide markets for Endodontic Supplies in US$ ... Canada , Japan , ... Latin America , and Rest of World. ... through 2022. Also, a six-year historic analysis is provided for ... and secondary research. Company profiles are primarily based on public ...
(Date:2/24/2017)... Australie, le 24 février 2017 ITL Limited, ( ASX : ... innovante, est ravie d,annoncer les excellents résultats semestriels clos ... précédente correspondante. Une présentation complète « Résultats et mise à ... ici . Faits marquants ... (Déc. 2015 : 1,04 million $ ; en hausse de 104 %) ...
(Date:2/24/2017)... -- This report analyzes the worldwide markets for Chiral Technology ... Products: Intermediates, Analytical, and Others. The End Use markets ... The report provides separate comprehensive analytics for the US, ... , and Rest of World. Annual estimates and forecasts ... a six-year historic analysis is provided for these markets. ...
Breaking Medicine Technology: