Telephoto Technologies

Industry

Specialty Media

Company Profile

Telephoto has been a provider of services to the horse racing industry for over 50 years. These services include video recording of all races, a photographic record of all horses that finish each race and additional camera services under contract with race track owners. The company provides its services under contract with the Federal Government. Telephoto has entered the "Digital-Out-of-Home" advertising business using its network within the North American horse racing industry.

NewPoint’s Role

NewPoint was retained as financial advisor to assist the company in developing a capital structure consistent with its strategic objectives. This involved the preparation of a detailed financial plan and its subsequent presentation to potential investors, analysis of investor proposals and overseeing negotiations with the chosen financial partner.

Transaction Snapshot

NewPoint successfully introduced risk capital that provided the funding necessary for the company to move forward on its strategic growth plan, while minimizing the equity dilution to current shareholders.