PMCF advises Turning Technologies and Responsive Innovations in an equity recapitalization of their businesses

P&M Corporate Finance, LLC represented the management team of Turning Technologies and Responsive Innovations (“Turning Tech” or the “Company”), two privately held companies headquartered in Youngstown, Ohio. In an effort to accelerate their growth while minimizing personal risk, management engaged P&M Corporate Finance to lead an equity recapitalization of the businesses.

Results

• P&M Corporate Finance managed the entire process, from initiation of the project plan through to the close of the transaction
• Talisman Capital acquired an interest in the Company, allowing Turning Tech to accelerate their penetration of various domestic and international markets
• Shareholders achieved personal goals while adding to the Company leadership and resources, including valuable experience in growing through the next major phase of expansion

Turning Technologies/Responsive Innovations

The Company manufactures and sells electronic polling and group response devices and sells direct and through resellers to higher education, K-12, professional services, and government customers worldwide. Since its founding in 2001, Turning Tech has become the technology and innovation leader in the industry, being recognized locally and internationally for its product and company success.

Talisman Capital Management, Inc.

Talisman is a private investment firm providing equity capital to North American based middle market companies with a well defined niche in stable and growing industries. Talisman forms partnerships with its portfolio company management teams, providing financial and intellectual resources to achieve growth both organically and through add-on acquisitions.