The Company

Logical Choice Technologies, Inc.

An Atlanta-based national educational technology solutions provider.

The Challenge

Logical Choice Technologies was the number one reseller of Promethean whiteboard products in the U.S., but it was in need of capital to ensure its ability to capitalize on the latest transitions in its industry and was quickly running out of cash to continue operations.

The Process

Equity Partners was retained to conduct an extensive marketing process in search of an equity raise for the company to allow them to continue operations. Equity Partners narrowed the field down to two groups that were interested in undertaking a partial stock purchase of Logical Choice Technologies.

The Solution

Through intense negotiations, the company moved forward with an agreement that allowed the Logical Choice Technologies stockholders to maintain an equity stake while merging the company with Vert Capital Corp.