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Press Releases
SOURCE: DH Capital, LLC
DH CAPITAL ARRANGES $12 MILLION INVESTMENT IN FOURPOINTS COMMUNICATIONS LLC
NEW YORK, NY – December 18, 2007 – DH Capital, LLC, an investment banking firm serving the media, Internet and telecommunications industries,
announced today that Fourpoints Communications, LLC has received a $12 million investment commitment consisting of preferred equity and senior
debt from Fourpoints Investors, LLC. Fourpoints Communications currently owns outdoor advertising structures in the State of Washington and
will use the proceeds of the new investment primarily to develop additional signs in the western United States.
“We are a fast growing outdoor advertising company developing assets in an underserved market,” explained Donald MacCord, Jr., the experienced
outdoor industry veteran who founded Fourpoints Communications and serves as the company’s chief executive officer. “DH Capital understood
our goals, helped us develop our business plan and financing structure, and communicated our story to a group of investors who shared our
vision. We look forward to a long and successful partnership with the firm.”
“We met Don and were immediately impressed by his enthusiasm for the outdoor advertising industry and his vision,” stated Peter Hopper,
President and Co-Founder of DH Capital. “We are pleased to have found a financing solution that both provides Fourpoints Communications
with the funds it needs and creates a long term relationship between DH Capital and the company.”
Fourpoints Investors, LLC is a special purpose limited liability company organized by DH Capital to facilitate the investment in Fourpoints
Communications. DH Capital served as exclusive financial advisor to Fourpoints Communications, LLC on this capital placement.
About DH Capital, LLC
DH Capital is an investment banking partnership serving the media, Internet and telecommunications industries. Headquartered in New York,
the firm's principals have extensive experience and proven abilities in capital formation, finance, research, business development and
operations. DH Capital provides a full range of advisory services to companies and financial institutions including private placements,
mergers & acquisitions, financial restructuring, and operational consulting. The principals of DH Capital have led hundreds of transactions
including mergers & acquisitions totaling in excess of $10 billion, private equity placements totaling more than $1 billion, and debt
placements totaling in excess of $10 billion.
For additional information on DH Capital, please contact us at 212-774-3720.
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