Boca Raton, Florida…Continuing its growth in the further development of its national footprint in the financial services arena, WestPark Capital, (www.wpcapital.com) a full-service investment bank for small-to-mid-cap companies, focusing on emerging growth sectors, has recently moved and expanded its Boca Raton, Florida office. The 3600 square feet of Class A space office is located in the anchor office tower at 225 N.E. Mizner Boulevard, Suite 750, a central hub of commercial activity of offices, restaurants, and shops in the famed Mizner Park Complex.
“There are certain key markets in the United States in which to have a presence, “ says Richard Rappaport, CEO and Founder of Los Angeles-based WestPark Capital, “ and “South Florida is definitely among them.” Tony Pintsopoulos, President and Chief Financial Officer, of WestPark, further explains the company’s growth strategy. “Within South Florida, Mizner Park is central to all of the bigger cities, from West Palm Beach and Jupiter to the North, to Ft. Lauderdale and Miami, to the South, geographically, it’s ideal and all within 45-minutes of three international airports.” Moreover, Pintsopoulos points out the value and significance of the breadth and depth of the wealth in South Florida. “Savvy investors from all over the world have second and third homes in this area, from New York to the Midwest, people come here to live and vacation, it’s just part of the lifestyle and culture of living in this tropical paradise we are thankful to be able to call our home.”
“It was important to have a major office in South Florida as part of our rapidly expanding network,” explains Frank Salvatore, Managing Director, Brokerage, one of the two principals behind the new WestPark Capital office along with partner, Doug Kaiser, also Managing Director, Brokerage. Both Salvatore and Kaiser are successful financial services industry veterans who joined WestPark Capital earlier in the year. Salvatore and Kaiser both have deep roots and long standing ties to the South Florida financial services community, having each led or managed the growth and development of major brokerage firms. “This is phase two of our plan,” says Salvatore regarding not just joining WestPark but opening the new South Florida office. “In addition to providing the traditional suite of financial and investment banking services,” says Doug Kaiser, “our edge will be the unique investment offerings and deal flow stemming from taking companies public and the IPOs WestPark generates from executing their revolutionary WRASP product.”
WestPark Capital, and its CEO, Richard Rappaport, are recognized as innovators in the financial services industry, and are best known for having created the “WRASP.” The “WRASP” is a unique financial formula invented by Rappaport that revolutionized the IPO process and brings companies to public markets generally faster than more traditional public financing approaches, with the added benefits of less risk, and less capital dilution
WestPark Capital, Inc., (www.wpcapital.com) specializes in taking companies public – fast. It is a full-service national and international investment bank focused on emerging growth sectors such as healthcare, software, technology, biotechnology, financial services, manufacturing, consumer products, and media and telecom industries, among other categories. Founded in 1999, with offices in key markets across the United States, as well as in China*, Hong Kong*, and Taiwan*, the firm and its founder, Richard Rappaport, are credited for having created the revolutionary “WRASP”. The “WRASP” is a process in which a company becomes publicly traded through a share exchange and trades directly onto a Senior Exchange such as the NYSE, AMEX or the NASDAQ, completely bypassing the OTCBB. The WRASP generally possesses superior liquidity, valuation and institutional coverage. This innovative approach includes potentially increased market awareness and the visibility of an IPO.
*International offices are separate and distinct and are joint ventures that are non FINRA registered offices.
WestPark Capital, Inc.
Chief Executive Officer
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Disclaimer:. This news release shall not constitute an offer to buy or sell or the solicitation of an offer to buy or sell any securities. WestPark Capital, Inc. and its affiliates hold substantial securities positions in the companies for which it has conducted WRASP offerings, including the companies mentioned in this news release