News
Technical Communities, Inc hires EastPeak Advisors to focus on acquisitions
Investment bank targeting companies that will expand interactive government sales and services offerings
SAN BRUNO, CA, AUGUST 20, 2007 — Technical Communities, Inc, the premier one-stop service solution for companies that sell to U.S. government agencies, military organizations and prime federal contractors has hired investment bank EastPeak Advisors to find potential acquisitions that will expand the company's portfolio of government-focused interactive services. The company is owner and operator of industry leading online marketplace including www.gsamart.com, www.navicpmart.com, www.testmart.com and www.eurekaspot.com
"We're happy to work with an investment bank with a proven track record of helping leading private technology companies through well-considered strategic acquisitions," said Peter Ostrow, Technical Communities, Inc. President and CEO.
"We're look forward to engaging with candidates that compliment Technical Communities innovative service offering and strong growth," said Kurtis Fechtmeyer, Managing Director, EastPeak Advisors.
Technical Communities, Inc. now boasts partnerships with more than 50 technology companies and regularly sells to more than 1,200 U.S. government and prime federal contractor buying organizations.
About Technical Communities
Technical Communities, Inc, is the premier one-stop service solution for technical organizations that sell to U.S. government agencies, military organizations, and prime federal contractors. We use our contract management expertise and powerful technology solutions to enable organizations to more effectively manage sales, marketing and procurement - which lowers costs, saves time and reduces risks. The company is owner and operator of www.gsamart.com, www.testmart.com, www.navicpmart.com and www.eurekaspot.com. In 2006, the company had gross revenue of $67 million and an average annual growth rate of over 60% for the last five years. For more information, visit www.technicalcommunities.com.
About EastPeak Advisors
East Peak Advisors is an investment bank dedicated to serving the most innovative companies powering the information technology economy. We are first and foremost a knowledge-centric bank, built on a deep understanding of the technology markets our clients address. Our industry knowledge creates unique opportunities. Our banking skills help our clients realize their value. For more information visit www.eastpeakadvisors.com.
