Houlihan Smith Serves as Exclusive Advisor to Grocery Shopping Network on First Round of Financing
Below is a MRR and PLR article in category Business -> subcategory Other.
Houlihan Smith Guides Grocery Shopping Network in Successful Series A Funding
Overview:
Grocery Shopping Network, Inc. (GSN) recently completed its Series A venture capital funding, raising $7 million with Houlihan Smith & Company, Inc. as their exclusive financial advisor. The financing was spearheaded by VantagePoint Venture Partners, a notable Silicon Valley firm.Key Points:
Successful Collaboration:
Dick Andolshek, Chairman and co-founder of GSN, praised the collaboration with Houlihan Smith. The firm assembled a team of experts who deeply understood GSN’s technology and business model.Bob Susskind, Managing Director at Houlihan, played a crucial role, leveraging his 25 years of experience in the tech sector. His efforts connected GSN with David Carlick of VantagePoint, who has now joined the GSN Board of Directors and will actively support the company’s growth.
Insights from Houlihan:
Susskind shared his excitement, stating that GSN is leading the way in online intelligent ad placement and consumer tracking in the food industry. He envisions GSN as the future platform provider for smart ad placement and consumer insights in this sector. The company is well-positioned to capture substantial market demand with its advanced software and strategic partnerships with industry leaders like DoubleClick and Coupons Inc.About Grocery Shopping Network:
GSN (http://www.groceryshopping.net) aims to enhance consumer shopping experiences by simplifying grocery shopping while saving time and money. Their proprietary software helps consumers build shopping lists, access sale items, save recipes, and use promotional offers, fostering loyalty and driving higher sales for grocery stores.About Houlihan Smith & Company Inc.:
Founded in 1996, Houlihan Smith & Company Inc. (http://www.houlihansmith.com) offers specialized financial advisory services to both public and private businesses. They are renowned for providing expert financial opinions, financing solutions, and merger and acquisition advisories.For more details, continue reading the full article on the link provided.
You can find the original non-AI version of this article here: Houlihan Smith Serves as Exclusive Advisor to Grocery Shopping Network on First Round of Financing.
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