Simkar Corp ~ Private Equity Placement ~ October 2009
Simkar is a manufacturer of linear and compact fluorescent, exit and emergency, HID and vandal resistant lighting fixtures for commercial, industrial and residential applications. Simkar was founded in 1952 and is based in Philadelphia, PA. Simkar’s Kalco Subsidiary is located in Las Vegas, Nevada and Pampanga, Philippines and is focused on high-end, decorative residential markets as well as the contract hospitality and custom designs markets.
Taglich Brothers provided $1.7 million of equity capital to fund the purchase of preferred, common and provide working capital for the company’s strategy of organic growth through product and market expansion.
The information contained herein does not constitute a solicitation of any order to buy or sell any securities. The information provided herein may be displayed and printed for your personal, noncommercial use only. You may not reproduce, retransmit, distribute, disseminate, sell, publish, broadcast or circulate the information to anyone, without the express written consent of Taglich Brothers, Inc.