SAN FRANCISCO, December 12, 2007 – ThinkEquity Partners, a wholly owned subsidiary of London-based Panmure Gordon & Co (PMR.L), today announced a successful additional warrant sale raising totalling $56.16m for Elixir Gaming Technologies (AMEX: EGT).
“Today’s announcement follows a fund raising in October in which ThinkEquity raised $52.5m for Elixir Gaming Technologies. In both transactions, ThinkEquity has been sole placement agent. Elixir is a great franchise client and our success in raising capital for the firm underlines the depth and talent of our sales team,” said Deborah Quazzo, co-founder and president, ThinkEquity Partners.
“ThinkEquity does an outstanding job creating value for its clients and investors and, therefore, for the Panmure Gordon group. At the tail-end of the year, this significant placement is a great achievement for the team,” said Tim Linacre, chief executive, Panmure Gordon & Co.