TAP Financial Partners Client, Merchant Technology, Signs Letter of Intent with U.S.-based Firm
TAP Financial Partners is a privately-held, boutique merchant bank providing advisory, restructuring, debt and equity fundraising services, fulfillment, and up-listing advice to a select group of small and mid-sized enterprises.
The deal will result in Merchant Technology owning 95% of the U.S.-based company and, through a reverse takeover, have it be the surviving, listed company.
OSM trades under the symbol OGSM and is currently listed on the OTCPK exchange. MTLTD anticipates becoming a reporting company first and then through organic growth, strategic acquisitions, and capital raising migrate to a national exchange such as NASDAQ.
TAP Financial Partners, a Miami-based merchant bank, is an equity and debt partner of Merchant Technology and intimately involved with the pre-sale agreement. “We were pleased to generate and structure this opportunity for Merchant Technology,” said Bob Press, founder of TAP Financial Partners. “I’m confident the proposed merger will fuel continued growth and enable them to have a significant presence in the U.S.”
Merchant Technology is a newly named entity that was created following SimplyPayMe’s acquisition of the assets of Mytown Technologies. The company’s software provides SMEs payment, invoicing, and business management solutions that are accessible through smartphones. It is the parent company of Online High Street, an ecommerce marketplace platform, and the business directory Mytown UK.
TAP Financial Partners is a privately-held, boutique merchant bank providing advisory, restructuring, debt and equity, investment, Mergers and Acquisition structuring and lending services, fulfillment, and up-listing advice to a select group of small and mid-sized enterprises.
Its financial expertise and decades of collective experience position it to be a difference-maker for clients, no matter the assignment or mandate.
To learn more about services and impact, connect at www.tap-partners.com or info@tap-partners.com.
Stu Opperman, APR
TAP Financial Partners
+1 954-815-2303
stu@impactplayers.com
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