LOS ANGELES, CA - WestPark Capital announced today that it has opened a new office location in Ft. Lauderdale.  The new office located in Museum Plaza in Ft. Lauderdale will be a full-service branch of WestPark Capital, the Los Angeles based national broker dealer and international investment banking firm.  The new location will further WestPark's footprint in the region and serve to further assist growing companies in achieving their growth and financing goals as well as providing professional financial services to the local investing community and assisting them with their personal investment needs.

BOCA RATON - South Florida based Host.net, announced a transaction in which its management team, lead by Co-Founder and CEO Jeffrey Davis, and NOVACAP Technologies III, a Canadian based private equity Firm, have acquired all of the equity in Host.net.

“We are excited to have completed the Host.net acquisition in partnership with its Senior Management team and founder Jeffrey Davis. The company has an impressive track record of growth and success as well as operational excellence and technological leadership", said Ted Mocarski, Senior Advisor at NOVACAP.

MIAMI - BlueKite today announced a $1.5 million seed round led by the founding team and PeopleFund, along with initial plans for the development of a global cross-border bill payment and direct remittance platform.  Over the next six months, BlueKite will unveil technology and functionality that allows users to pay international bills including utilities and phone recharges in real-time and with unprecedented efficiency.  

BlueKite has developed proprietary technology that provides more options to millions of consumers who emigrated and still support friends and families back in their home countries. According to official World Bank data, more than 215 million people today have emigrated from their homelands. In 2011, these wage earning emigrants with responsibilities for family members transferred more than $500 Billion to their home countries. According to World Bank estimates these money transfers are growing at an 8% annual rate. In the Unites States alone, it is estimated that more than $60 Billion is remitted annually.

BOCA RATON – The Enterprise Development Corporation of South Florida will showcase 18 early-stage companies today, who will present at its 15th Annual Emerging Technology Business Showcase.

The conference will feature 12 minute investor pitches and product demos from 18 of South Florida’s most promising early stage companies. The showcase will also feature a luncheon panel discussion; “Raising Capital in this Economic Climate”, and presenter exhibits, and networking opportunities.