Acted as advisor to a venture capital-backed information technology company in the acquisition of an independent software vendor of hand-held mobile software. Acquisition target provided network-enabled hand-held device software, especially for application integration and distributed computing for business process management in the small to medium-sized enterprise.
- Provided initial evaluation, due diligence and valuation. Negotiated share price and seller earn-out provisions.
- Acted as liaison to legal services provider in preparation of acquisition documents.
- Provided audit and documentation of acquired intellectual property and other assets.
- Executed acquisition based on an exchange of common stock and other consideration.
- Due Diligence
- IP Audit
- Joint Venture
Company was integrated into the corporate acquirer and software engineers were hired into the acquiring company. The company’s intellectual property formed the basis for a new mobile app product line for the acquiring company and was further developed with feedback from clients.