Madison Street Capital, an international investment banking firm, served as exclusive advisor to Sachs Capital Group on its take-private of RMG Networks. Virgo Capital and debt facility provider Merion Investment Partners provided financing in connection with the closing of this transaction. RMG provides digital signage media hardware, software and services to over 50% of the Fortune 100.  Charles Botchway, CEO of Madison Street Capital, announced that Senior Managing Director Barry Petersen led the Madison Street team.

Gregory H. Sachs, CEO of Sachs Capital Group, stated, "We are extremely pleased to have closed the transaction. Madison Street Capital's relationships, guidance and efforts on our behalf, both in identifying capital sources and working with us right through the closing, were important to our success."

Barry Petersen stated, "It was a great experience in supporting Mr. Sachs in completing this take private transaction. The RMG Networks transaction was a fascinating one.  RMG Networks is well positioned to capitalize for its owners on growth opportunities via its recently launched, cloud based, digital signage and corporate communication platform, Korbyt®."   

Pursuant to the transaction, RMG stockholders received $1.29 per share in cash. As a result of the transaction, RMG's stock ceased trading on the NASDAQ Stock Exchange effective September 28th, 2018.