Friday, August 1, 2008

Press Release
$8 Million Financing Completed for High-growth Manufacturing Company 
The Woodward Company, Fred Leeb & Associates and The Acumen Group Team Up to Provide $8 Million in Debt and Equity to Finance the Rapid Growth of a Medical Equipment Manufacturer 
July 15, 2008, Detroit, MI-- An $8 million financing has been completed to help a successful manufacturing company.  The company had significant opportunities for growth but previously was unable to attain the needed traditional financing because of their already leveraged balance sheet.  
Teamwork among our partners allowed us to quickly assess the situation, develop alternatives and refinance the existing debt.  We also were able to provide a major cash infusion that allowed the company to acquire new product lines, patents and inventory along with funding the marketing programs that are now bringing both distributors and customers to the company's door.
The Woodward Company (contact Dan Smale or call 313-850-7500) specializes in mergers, acquisitions and private equity placement.  The Company's Private Equity Source database is a proprietary tool that is used to match client needs with over 1,400 private equity funds around the country.  This searchable database includes their strategies, investment criteria, dollar ranges, funding stage and industry specialization.  
Fred Leeb & Associates (contact Fred Leeb at or 248-683-5295) provides financial and management assistance to companies that need to surmount a chronic/fundamental problem and improve cash flow.  The Company is organized to bring innovative and practical solutions learned from numerous multi-billion dollar successful companies as well as many small and medium-sized local businesses in a wide range of industries.