Business Services Industry

CapitalKey Advisors and NBCi's AllBusiness.com Create Alliance to Provide Equity Financing and Merger and Acquisition Solutions to Small Businesses

Business Wire, July 13, 2000

Business Editors

NEW YORK & SAN FRANCISCO--(BUSINESS WIRE)--July 13, 2000

CapitalKey Advisors, Inc. (www.capitalkey.com), the online investment bank focused on the financing and merger and acquisition needs of small and mid-sized businesses, and NBCi's AllBusiness.com (Nasdaq: NBCI), the virtual business partner for small and growing businesses, today announced a strategic alliance to bring high-quality investment banking advice, information and interactive business tools to AllBusiness.com's small business customers.

The combination of CapitalKey and AllBusiness.com creates a powerful resource for the millions of small business owners in need of professional advice for financing or selling their businesses. Now, they can turn to AllBusiness.com where CapitalKey will be the provider of capital raising and merger and acquisition advice.

"Through our alliance with CapitalKey, we are able to better serve the small business market by providing access to professional investment banking services and information that has traditionally only been available from large investment banks," said Teymour Boutros-Ghali, CEO of AllBusiness.com. "By developing these types of alliances, AllBusiness.com continues to expand its robust offering with the best available online solutions in areas such as finance, that are critical to a small businesses success."

Under the agreement, CapitalKey will provide content and interactive tools to AllBusiness.com to help educate business owners on the many aspects of the financing and merger and acquisition processes. Co-branded Web pages will allow CapitalKey to give AllBusiness.com customers easy-access to their top of the line services.

"AllBusiness.com is quickly becoming a destination many small business owners seek out daily for help in starting and managing their businesses," said Neal D. Goldman, founder and managing partner of CapitalKey. "We are pleased to be associated with such an important resource for entrepreneurs."

"Traditionally, small businesses have had limited access to investment banking services," said Steven B. Turner, managing partner of CapitalKey. "With our unique solution to this problem and AllBusiness.com's reach to small business owners, we are making an important service available to a critical sector of the nation's economy."

About CapitalKey Advisors

CapitalKey Advisors (www.capitalkey.com) blends information and Internet technology with traditional investment banking to make the small transaction market more efficient. As a technology-enabled investment bank, CapitalKey employs three proprietary assets: (i) an information set of acquirers and financiers -- for quick and effective investor targeting; (ii) internal and Web-enabled transaction software -- for efficient transaction processing; and (iii) extensive relationships with institutional acquirers and investors -- to ensure maximum exposure for its clients. CapitalKey's assets combine to create an efficient marketplace to facilitate capital raisings and mergers and acquisitions for established and venture-stage companies with less than $100 million in sales. CapitalKey investors include Merrill Lynch, Credit Suisse First Boston, FleetBoston Financial, Rosetta Partners, Northwood Ventures and Wilson Sonsini Goodrich & Rosati.

About NBCi's AllBusiness.com

Founded in November 1998, NBCi's AllBusiness.com is a leading destination Web site offering comprehensive, practical solutions to the everyday challenges of starting, managing and growing a business. By aggregating high-quality services, products and information, as well as offering expert advice, the site provides entrepreneurs and small businesses with a single point of access for resources that enhance operations, solve problems and save money. AllBusiness.com was recently acquired by NBC Internet, Inc. (Nasdaq: NBCI), a leading Internet company connecting buyers to sellers through premier portal, entertainment, utility and e-commerce services. For more information about AllBusiness.com, visit www.allbusiness.com. For more information about NBCi and its Internet services, please see the NBCi corporate Web site at www.NBCi.com/corporate.> Activities requiring brokerage registration will be performed by CapitalKey Advisors' broker-dealer subsidiary, CapitalKey Securities, LLC. CapitalKey Securities is a member of the National Association of Securities Dealers (NASD) and the Securities Investor Protection Corp. (SIPC).

COPYRIGHT 2000 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning

 

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