Archive for December, 2013
MCRC Provides Mezzanine Capital for Allen & Gerritsen’s Acquisition of the Neiman Group
MCRC is pleased to announce its investment in Allen & Gerritsen to support their acquisition of the Neiman Group. Allen & Gerritsen, a privately held company located in Boston’s Seaport District, is an advertising agency that strategically combines technology, creativity, media and analytics to develop digital, experiential and traditional branding experiences. It has been ranked by Advertising Age as one of the Top 50 Independent advertising agencies in the US. The acquisition of Neiman Group will strengthen the company’s public relations practice as well as expand their geographic reach. The combined agency will operate as Allen & Gerritsen, with nearly 200 employees in flagship offices in Boston and Philadelphia. For more information about Allen & Gerritsen, please visit www.a-g.com.
Massachusetts Capital Resource Company invests in established emerging growth and middle market companies in Massachusetts. Our mezzanine investments fill the financing gap between traditional senior debt and equity. We help companies fund strategic acquisitions and growth initiatives, and strengthen their balance sheets. For more information, please visit our website (www.masscapital.com) or contact us at 617-536-3900.