Buyside Parameters and Investment Thesis:
Our client and their portfolio company management team were looking to expand the company’s North American client base and increase assets managed on the software platform while increasing the service and technology offerings of the combined entity.
Opportunities Delivered by Ether:
Leveraging our industry insights and research capabilities, we identified over 150 target companies and communicated directly with over 75% of them, yielding a signed LOI within four months of initial introduction and discussions between the target company and our client. The transaction closed in just over three months from the LOI signing date.
Identified over 150 target companies and communicated directly with over 75% of them
Transaction closed in just over three months from the LOI signing date
Outcomes:
The acquisition effectively doubled the size of the portfolio company, both in terms of revenue and EBITDA. It added thousands of new customers to the combined platform and more than doubled the amount of assets tracked on the platform. The company continues to experience solid growth and performance, and our client is in position to have a very successful exit from the investment at the appropriate time.
...more than doubled the amount of assets tracked on the platform.
