Raising Private Capital Case Studies

Noteworthy Medical Systems, Inc.
Noteworthy Medical Systems, Inc., an established electronic healthcare records solutions provider, recently acquired MARS Medical Systems, Inc., a leading provider of practice management software. The acquisition joined two “best-of-breed” healthcare software providers to create a single-source product offering for the small and large physician office market including independent physician practices and hospital affiliated and hospital owned practices.

Noteworthy identified Mars Medical Systems as a strategic acquisition. Its Board of Directors recognized that an experienced financial advisor was necessary to assist in negotiating and structuring the transaction. In addition, BCC played a vital role by arranging both debt and equity financing. BCC’s strong market knowledge and relationships with sources of acquisition financing allowed Noteworthy to complete the transaction on attractive terms and with financial flexibility. BCC is continuing to work closely with Noteworthy to help achieve its long term growth plan and capital appreciation for its shareholders.

I.D. Images, LLC
I.D. Images, LLC is one of the largest producers of thermal transfer labels in the United States. I.D. Images, LLC provides thermal transfer, direct thermal and laser labels for variable information applications. In 2006, IDI's principal owner elected to retire and studied his exit strategies including the possibility of a management buyout led by IDI's President.

Bruml Capital Corporation initiated, structured and arranged senior, mezzanine and equity financing to facilitate the management buyout of IDI. BCC's strong relationships with capital providers and extensive label industry knowledge provided IDI's management with a variety of options to complete the transaction with attractive financing terms and in a timely manner.