Los Angeles, Ca…WestPark Capital, (www.wpcapital.com) recognized for having revolutionized the IPO and Reverse Merger process with its “WRASP.” fast-track formula of bringing companies to public markets faster than traditional IPO, has been named one of Los Angeles’ “Top 100 Fastest Growing Private Companies in Los Angeles” by the Los Angeles Business Journal, in their annual survey. The Los Angeles Business Journal is published by American City Business Journals (ACBJ), the largest publisher of metropolitan business newsweeklies in the United States, representing nearly 70 Business Journals in the nation’s fastest growing markets for entrepreneurs. Combined, ACBJ reaches 4 million readers who are highly engaged in their industries, their businesses, and their communities.
Widely known, and widely read, as a result of their popular weekly lists that focus on assorted and leading industries, the Los Angeles Business Journal has delivered award-winning coverage of the Los Angeles business community for 29 years and boasts a weekly readership of more than 130,000 business professionals. The “Top 100 Fastest Growing Private Companies” survey is highly regarded, a position on the list often serves as a crowning jewel of both recognition and achievement for the businesses named in such annual surveys.
“Despite the challenges of the economy in general, and the difficulties in the financial services sector in particular, it is both an honor and a privilege to be recognized by the Los Angeles Business Journal in their “Top 100 Fastest Growing Private Companies” annual survey,” says company founder and CEO, Richard Rappaport. “This recognition is further reinforcement of the success our company is achieving, not just locally, but internationally,” says Rappaport.. Rappaport points out, “Our growth is singularly a direct result of our company’s signature financial services product, the WRASP, which has been very successful, particularly in Asia where we have helped many companies gain access to U.S. capital markets.” Rappaport is the creator of the “WRASP.”, a hybrid financial mechanism. The “WRASP.” is the name for the process invented by Rappaport that has been recognized by the financial services industry media as an innovative and revolutionary formula that significantly expedites the time in which a company can earn a position to trade publicly on either the New York Stock Exchange AMEX or NASDAQ.
This year represents the 14th year that the Los Angeles Business Journal has included the Top 100 Fastest Growing Private Companies in their annual survey, and its book of lists. WestPark Capital will be present at the awards cocktail reception that will announce all companies who have earned recognition by the Business Journal in this year’s, 2010 annual survey, to be held on Monday, November 15th at the Lexus Club at Staples Center in Los Angeles, Ca.
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.
PR Contact: The Bamboo Agency www.TheBambooAgency.com Jeff Senft-Mustard 954-801-8263 954-801-8263 firstname.lastname@example.orgDisclaimer:. 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