Overview of Project
Our client was a leading mattress company with an innovative product in a large, stable consumer products industry but lacked the resources it needed to launch its new product. Manchester Companies was engaged to act as the client’s investment banker with the responsibility of securing new equity financing.

The Challenge
Our client’s goal was to become a profitable, high-growth company but lacked the fuel it needed to make that goal happen.

The Engagement
Manchester Companies was engaged to act as the client’s investment banker responsible for securing new equity financing for the company.

The Solution
Our professionals identified, structured, negotiated, and closed the transaction that resulted in $11 million in equity financing from institutional investors. This new equity was used to launch a new highly visible marketing campaign.

The Impact
As a result of our engagement and its new capital resources, our client has implemented and continued its marketing campaign that has resulted in revenue growth, increased profits, and a significant increase in its stock price (1,336% increase in stock price since our engagement).