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Panamax Capital Moves To Raise $2 million For Startup Ad/Tech Company GuaranteedPROS, Inc.
South Florida startup secures strategic funding partnership with Panamax Capital, LLC, Greenwich, Conn.
|By PR Newswire
|December 1, 2016 04:28 PM EST
FT. LAUDERDALE, Fla., Dec. 1, 2016 /PRNewswire/ -- GuaranteedPROS, Inc. announced it has signed a financial advisory agreement with Panamax Capital, LLC, with broker dealer services provided by Partner Capital Group, LLC, as its strategic partner in capital funding to launch its innovative ad/tech online resource that connects consumers to qualified professionals and experts offering a wide range of practices and services in their community. The initial seed round raise of $2 million will be primarily for marketing, patent technology, development and staff.
This online resource, GPROSplus.com, will be free for consumers and will be subscriber-based for participating professionals. It will help consumers quickly locate top professionals offering legal, medical, financial and lifestyle services in their immediate area.
"We are ready," said Pat Patregnani, CEO of GuaranteedPROS, Inc. "We believe our commitment to the professionals we serve and the consumers who need a trusted source will transform how consumers engage professionals in a modern, mobile, social, and digital world," he said. "I also want to acknowledge with great pride our team of marketing, customer service and technology experts, all of whom have dedicated themselves to this venture."
Patregnani also commented, "I believe that marketing and advertising for professionals today requires a shift from its current state, especially the distress messaging, to one that enhances the professional image they deserve. Our research indicates such, both from the vast majority of consumers to most of the professionals we spoke with. We understand this approach may have its place and drives business, but this type of advertising has a negative impact on the overall professional category. It compromises the profession, consumer trust and respect. It will not be our style," he emphasized.
"We are more excited than ever, having worked with the team and understanding more about the vision, mission and long-term goals of GuaranteedPROS, Inc. They are truly pros," said Tom Blinten, Managing Partner and CEO of Panamax. "My partners and I look forward to a long-term strategic partnership with Pat Patregnani and the team," he said.
About GuaranteedPROS, Inc.
GuaranteedPROS, Inc. will transform how consumers engage professionals in a modern, mobile, social, and digital world. Its innovative consumer portal, GPROSplus.com, is scheduled to launch in Q1 of 2017 and will be positioned to be the consumers' choice as a trusted online source for their professional needs, offering them access to top experts in more than 25 categories of practices and services including health, wellness, financial, legal, lifestyle, philanthropy, business and more. To learn more, email us at [email protected] or call 1-855-YES-GPROS.
About Panamax Capital, LLC
Panamax Capital, LLC is a private, global merchant banking firm. Headquartered in Greenwich, Conn. with resources in the Americas, Asia, Europe, and India, the firm provides capital markets, M&A, and principal finance services to its clients. The firm has extensive experience in the consumer, industrial, logistics, natural resources, real estate, and TMT sectors. For further information, visit http://www.panamaxcapital.com or email us at [email protected].
About Partner Capital Group, LLC
Partner Capital Group, LLC is a FINRA registered broker dealer based in Rye Brook, N.Y., whose primary mission is to identify superior alternative investment managers, strategies and direct investment opportunities that we can introduce to institutional investors worldwide. PCG also provides broker/dealer services to Panamax Capital. Please explore our site www.partnercapitalgroup.com to learn more about us, or contact us at [email protected].
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/panamax-capital-moves-to-raise-2-million-for-startup-adtech-company-guaranteedpros-inc-300371764.html
SOURCE GuaranteedPROS, Inc.
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