ATLANTA (January 11, 2008) Konsortium Capital Partners announced today that it has successfully arranged and closed $8.75 Million in financing for American CyberSystems (ACS) that will be used to make two acquisitions and provide additional working capital for the company. ACS is a leading IT staffing and solutions company offering more than 20 years of experience to Fortune 500 and selected other companies. ACS has enhanced its core competency of IT staffing services by creating client-centric, cost-effective information system solutions. ACS service offerings include contingent staff augmentation of IT professionals, permanent recruiting and placement, vendor management, and project solutions including network design and management, customized software development and maintenance. For more information on American CyberSystems, please visit www.acsicorp.com.
Konsortium Capital Partners is an Atlanta-based merchant banking firm that arranges debt and equity solutions for lower middle-market companies seeking growth capital for expansion, leveraged acquisitions, refinancing, recapitalization, and other liquidity initiatives. Konsortium Capital Partners generally seeks to assist companies that have revenues less than $35 Million and financing needs ranging from $2-10 Million. For further information, please visit www.konsortiumcapital.com or contact Sean Boyd at 404.853.1600.
