Mar, 2026
Company: Ovation Rights Ltd.
Industry: Theatrical Copyrights
Transaction: Investment by BlackRock
RMG’s Role: Adviser to Ovation
Founded in 2023, Ovation is focused on the acquisition and exploitation of theatrical copyrights.
RMG Acquisition Corp. II (NASDAQ: RMGB) is a special purpose acquisition company formed for the purpose of effecting a merger, stock purchase or similar business combination with one or more businesses. On December 14, 2020, RMGB closed its initial public offering of $345 million, which included the full exercise of the underwriters’ over-allotment option. The company is sponsored by Riverside Management Group (“RMG”) and the Management Team of James Carpenter, Robert Mancini, Philip Kassin and Wesley Sima.
RMG Acquisition Corp. (NYSE: RMG.U) is a special purpose acquisition company formed for the purpose of effecting a merger, stock purchase or similar business combination with one or more businesses. The company is sponsored by Riverside Management Group (“RMG”) and the Management Team of James Carpenter, Robert Mancini and Philip Kassin. The company’s strategy is to identify and complete its initial business combination with a business in the diversified resources and industrial materials sectors , which includes, among others, the chemicals, energy services and alternatives, environmental services, metals and power sectors that stands to benefit from our Management Team’s extensive experience and operating capabilities, though the company reserves the right to pursue an acquisition opportunity in any business or industry. In February 2019, RMG Acquisition Corp. completed its initial public offering, raising $200 million from investors.
IPO: (NYSE: RMG.U)
Company: Puralube, Inc.
Industry: Clean Technology
Transaction: Undisclosed Private Placement
RMG’s Role: RMG was co- advisor introducing co-advisor and investor the Macquarie Group
Puralube is a world-wide leading enterprise in the field of used oil recycling and has grown into an independent and reliable partner in the market for base oils. It produces and distributes up to four cuts of top-quality, high-grade base oils for the European lubricants market under the brand name pur – e.g. pur75, pur160, pur300. Their excellent physical and chemical characteristics correspond to the requirements of API Group II base oils and meet strict industry specifications and tough environmental standards.
New recycling plants based on this technology are planned for expansion in Europe, the United States and Asia. These facilities are distinguished by their environmental friendliness and their high efficiency. From an ecological perspective, the HyLubeTM process contributes substantially to safeguarding the environment, by conserving finite fossil resources, and by substantially reducing CO2 emissions through lower energy consumption in the production process.
Company: Allied Resource Corporation
Industry: Alternative Energy
Transaction: $53,000,000 Private Placement
RMG’s Role: RMG was the sole advisor securing several indications of interest before Allied eventually chose PCG Capital Partner
Allied Resource Corporation is a global climate technology group operating and servicing energy related businesses worldwide. Their operations are based on proprietary technologies for the production of synthetic gases, reduction of CO2, NOx and sulphur emissions, the refining of waste oils into high quality oil products, the treatment of industrial waste water – as well as the incineration of sludge and pelletized residues.
All of their technologies are proven on industrial large scale operations. They build and operate waste oil re-refining plants under an exclusive licensing agreement from UOP, Chicago; they are the technology provider and co-owner of the largest manufacturer of catalysts for the removal of NOx in China; they provide engineering solutions for the reduction of nitrogen oxides, sulphur and particulate emissions as well as for waste water treatment and incineration plants by applying technologies acquired from Lurgi, Degussa/E.ON and ThyssenKrupp-EnCoke. In addition, they are developing large scale coal gasification plants using our proprietary BGL (British Gas Lurgi) technology.
Company: Biopure
Industry: Biotech
Transaction: $20,000,000 Private Placement
RMG’s Role: Joint Advisor securing financing through RMG’s institutional investor network
The mission of Biopure Corporation (NASDAQ: BPUR) is to introduce revolutionary new drugs that deliver lifesaving oxygen. Using it’s patented and proprietary technology, Biopure has pioneered the development and manufacture of oxygen therapeutics, a new class of pharmaceuticals that are intravenously administered to deliver oxygen to the body’s tissues. The company’s products represent a new Oxygen Bridge™ treatment approach for managing patients’ oxygen requirements in potential medical applications associated with ischemia or acute anemia.