Cash Advance Magnum Funding

Generac to add 400 jobs in Wisconsin

&Ldquo;We’ve spent more than two years reviewing and witnessing their organic growth and couldn’t be more impressed with 7Summits’ success,” said Eric Lenzen, a trustee of HILP who is also a corporate transactions attorney with Milwaukee-based firm Whyte Hirschboeck Dudek S.C. “7Summits has fundamental value at its core because of the way it operates its business. The company is already profitable and they have amassed an industry leading team that has enabled them to command a leadership position in a growing market. HILP saw an opportunity to support a rapidly growing business and we are excited to be a part of 7Summits’ future.” The new investment will be geared toward three key areas: evolving its solutions toward purpose-driven, pre-built communities that more broadly influence the overall enterprise; extending its partnerships with the leading Social Business Software providers to bring the best solutions to its clients; and building out its infrastructure including account services, recruiting, business development and geographic expansion. “This funding allows us to capitalize on the tremendous growth opportunity in front of us, as we continue to expand the social base for our clients. We are building collaborative dimensions into their organizations internally, externally and throughout their business processes. The result is providing new ways for companies to be more effective, efficient and entrepreneurial,” said 7Summits chief executive officer Paul Stillmank. “We are grateful to HILP and our other investors, and are focused on using this funding as a springboard for our efforts and to advance the industry itself.” “Consumers have hit their pain threshold and are reacting. They’re saying ‘I’ve had enough’ and moving to a financial institution that will treat them better,” said Brett Thompson, president and chief executive officer of the Wisconsin Credit Union League. “Because a credit union is a cooperative in which each account holder is part owner – and there are no stockholders seeking profits – it’s the depositors who benefit.” RDR president and founder Richard Day said, “Market Probe provides business solutions to the world’s largest banks, pharmaceutical companies and other industries.  We believe that its global presence along with its advanced technology will benefit our clients as well as our staff. Their acquisition of RDR brings us access to systems, technologies, advanced analytic solutions and innovations that a larger company like Market Probe offers. For example, they have a very sophisticated reporting dashboard offering advanced tracking survey technology. Our clients will still receive the attentive service, flexibility and customized solutions that the RDR team has always provided.” T.R. Rao, president and CEO of Market Probe, said: “With this acquisition, we have significantly strengthened our position as a global leader in Financial Services and Pharmaceutical market research. Being a global company with a presence on all continents, we are now in a better situation to service the needs of global firms in these sectors. Market Probe values RDR as a well-run business with long-time client relationships.” Telkonet president and chief executive officer Jason Tienor said, "We're very pleased to be reporting our third consecutive quarter of profitability - a milestone for the company. Our revolutionary EcoSmart energy management platform and our industry-leading EthoStream high speed Internet access division continue to gain visibility and market share. Our cash position has improved over three hundred percent, expenses have been reduced by almost twenty percent and our operating margins remain at historically high levels. With the tremendous opportunities we're developing in the military, hospitality, education, and commercial markets for our proprietary technologies, we continue to strengthen our brand and position ourselves for sustainable growth and profitability.

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