RCBG Announced as Finalist for the Middle-Market M&A Awards

CHICAGO, IL – The M&A Advisor, a leading information publisher for middle-market mergers and acquisitions and finance, announced the 2008 finalists for the 7th Annual Middle-Market M&A Awards Gala. RCBG’s support of the Ceon-Convergys transaction was named a finalist in both the sub-$100 million “Media, Entertainment and Telecom” and “Strategic Acquisition of the Year” categories.

The Middle-Market M&A Awards Gala honors the deal-teams and deal-makers that have closed M&A transactions and firms whose activities set the standard for the industry. 220 finalists representing 66 firms were chosen in 35 categories. Like the Academy Awards, winners will be revealed at the gala, which is being held on Monday, December 15th at the historic Hudson Theatre in New York City.

“It is an honor to recognize the achievements and accomplishments of RCBG in its guideance over Ceon’s acquisition by Convergys,” said Roger Aguinaldo, CEO and Publisher of the M&A Advisor. “RCBG has set an industry standard for their influential deals in the middle-market industry.”

RCBG Client Ceon Acquired by Convergys

CHICAGO, IL – RCBG, a mid-market advisory services firm specialized in TMT transactions [telecom, media, technology], announced the completion of the acquisition of its client, Ceon Corporation, a leader in product lifecycle fulfillment software for communication service providers, by Convergys Corporation, (NYSE: CVG), a global leader in relationship management software. The acquisition will enable service providers to more effectively manage their products’ lifecycles across all network domains, fixed and mobile, and shorten time-to-market for new offers. This emerging field is of growing importance as the potential combinations of voice, data and video content and services continue to multiply.

“We are very pleased to have led and structured this transaction,” said Richard Summer, executive vice president and managing director of RCBG. “Ceon is a terrific company with sophisticated products and world-class management. Paired with Convergys’ extensive platforms and penetration, and exciting strategic direction, this is the package that service providers need to bring order and potential to their product catalogs.”