DALLAS – MAY 16, 2011
Wick Phillips, a full-service business law firm, announced today that Bryan Wick, partner and co-founder of the firm, has been appointed to the advisory board of DailyDAC LLC. DailyDAC is a bi-weekly e-newsletter aimed at active investors focusing on investing in or acquiring companies in transition or their assets. This e-newsletter is disseminated each Tuesday and Thursday afternoon to target audiences nationwide.
As a member of the advisory board, Wick will help advise on the direction of editorial content, help source the database of professionals that feed the weekly deal sheets, and provide input as to the growth and expansion of the publication.
“The DailyDAC is both a unique and outstanding source of information for professionals looking for opportunities within smaller firms and businesses – those that won’t necessarily hit the main wire or receive the most publicity,” said Wick. “With DailyDAC, finding smaller investments becomes easier for everyone, whether you’re a private equity firm, a business looking to grow through buying assets, or an ambitious entrepreneur with a personal investment strategy.”
Established in 2010, DailyDAC provides subscribers with opportunities to invest in, loan to, or buy, non-public companies and assets in situations requiring capital quickly. DailyDAC focuses on the segment of the market that is too small to be covered by major media but which is still a sophisticated transaction opportunity.
The DailyDac is a publication that covers three types of businesses – distressed companies, startups and organizations with successorship issues. Of their distressed business coverage, the DailyDac provides information on companies that are in bankruptcy, receivership or assignment. For startup companies, the publication writes stories on angel investing, and other methods of obtaining capital for new businesses. And, for organizations facing successorship and/or leadership issues when the founder dies or retires, the DailyDac offers case studies with sound advice on handling sensitive ownership transfers.
The proprietary database is constantly updated based on discussions with investment bankers, lenders, accountants, attorneys, bankruptcy trustees, receivers, assignees and other professionals, as well as through the monitoring of thousands of websites, newspapers, court dockets, and other information sources.
About Wick Phillips: Serving the legal needs of businesses in a broad range of industries, practices law with purpose. Specialty areas include commercial litigation, bankruptcy, creditor’s rights, civil appeals, corporate, corporate advisory, labor and employment, and securities. For more information visit www.wickphillips.com.
