A boutique investment firm which specialized in dot-com companies was preparing a private placement of stock. The company’s founder was from South Africa and had spent a little time in the U.S. The investment firm wanted a routine due diligence study done; however, they wanted Intelex to focus its efforts on the founder’s South African background.
In addition to its work here in the States, Intelex worked with its contacts in South Africa, which includes individuals in business and in government, to establish a comprehensive Executive Profile of the company’s founder.
Intelex was able to establish a complete history for the company’s founder in South Africa. Based on the information provided by Intelex, the investors were able to proceed with the financing with confidence.