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SILVER GROUP AND MWM CAPITAL FORM STRATEGIC ALLIANCE
DENVER, CO, September 25, 2006 –The Silver Group, Inc., a consulting firm specializing in technology strategy and planning, announced today the formation of a strategic alliance with MWM Capital, Inc. With this partnership, The Silver Group, Inc, which launched in the fourth quarter of 2005, will enhance its services by leveraging the business and management strengths of MWM Capital Inc., an investment and management firm.
“We are thrilled to be pairing our technology expertise with the management, business development, sales and marketing expertise of the MWM team,” said Edward D. Silver, president and founder of The Silver Group, Inc. “Working together, our clients will benefit from the wealth of experience each team brings to the partnership.”
According to Michael W. McCormick, managing partner of MWM Capital, this alliance is a natural extension of a long history of successfully working together. McCormick and Silver were previously colleagues at Cendant (NYSE: CD), in its Hospitality and Leisure division where McCormick was Executive Vice President and Silver was his Vice President of Technology and Operations.
“At its core, this partnership is all
about benefiting our clients by capitalizing on The Silver
Group’s expertise in business-tested technology,”
said McCormick. “The experience of their team
matches up well with our business and capital advisory
services, allowing us to focus on
maximizing shareholder
wealth for our clients.” Silver added that an example of this partnership in action is the work being conducted on behalf of Genbook, Inc., a company which provides pay-per-booking technology and services to the world's leading Internet Yellow Pages, directory and search organizations.
“MWM brought the client to the table, and The Silver Group performed due diligence on the company,” said Silver. “Now, we continue on as technology advisers, highlighting the advantages that this strategic partnership offers to both our clients.
About The Silver Group, Inc.
About MWM Capital, Inc. ### |
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