RapidAdvance Acquires ProMAC
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  1. #1
    Senior Member Reputation points: 903 Scott Williams's Avatar
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    True. I guess we have only seen funders that collapsed and then got gobbled by another funder. I guess we will never know, but was Promac in financial trouble and needed a life line from Rapid? Or did Rapid make an offer to Promac that was too good to turn down.

  2. #2
    Veteran Reputation points: 135672 Chambo's Avatar
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    Quote Originally Posted by Scott Williams View Post
    True. I guess we have only seen funders that collapsed and then got gobbled by another funder. I guess we will never know, but was Promac in financial trouble and needed a life line from Rapid? Or did Rapid make an offer to Promac that was too good to turn down.
    ProMac needed help that Rapid provided. They are still operating under the ProMac moniker, but with backing by Rapid. Think GBR and BFS

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