Press Releases
ThinkEquity raises $56m for Elixir Gaming Technologies and Elixir International
Second placement in two months takes total funds raised to approx $108m
SAN FRANCISCO, December 12, 2007 — ThinkEquity Partners, a wholly owned subsidiary of London-based Panmure Gordon & Co (PMR.L), today announced a successful additional warrant sale raising totaling $56.16m for Elixir Gaming Technologies (AMEX: EGT).
"Today's announcement follows a fund raising in October in which ThinkEquity raised $52.5m for Elixir Gaming Technologies. In both transactions, ThinkEquity has been sole placement agent. Elixir is a great franchise client and our success in raising capital for the firm underlines the depth and talent of our sales team," said Deborah Quazzo, co-founder and president, ThinkEquity Partners.
"ThinkEquity does an outstanding job creating value for its clients and investors and, therefore, for the Panmure Gordon group. At the tail-end of the year, this significant placement is a great achievement for the team," said Tim Linacre, chief executive, Panmure Gordon & Co."
About ThinkEquity
ThinkEquity is a research-centric institutional investment firm focused on the growth economy. ThinkEquity merger with Panmure Gordon in March 2007 provides its clients with global investment banking services. The firm is dedicated to providing focused insight, advisory services, and capital to institutional investors and corporate constituents in the knowledge economy's key growth verticals, including technology, healthcare, media/education and consumer/business services. For more information about ThinkEquity, please visit www.thinkequity.com. Member FINRA and SIPC.
For more information please contact:
Peter Coleman
Chief Operating Officer
ThinkEquity
415-249-2900
or
Jennifer Jones
650-529-1416
jennifer@jenniferjones.com