Background

• Company developed a system for the  treatment of Waste Water Sludge
• Company was in a difficult cash position and reduced the workforce to resume operations
• Investors were looking for a strategic investor /acquirer for the company
• The company obtained a bridge financing from the investors to support the M&A process
• Beta units were under evaluation by customers located overseas
• Company was presented 18 months ago to potential acquirers but did not complete a transaction

Mandate

• Find a strategic investor/acquirer that will support the commercialization of the company
• The ideal investor/acquirer will have worldwide operations in addition to a strong focus in the Waste Water equipment market

Activity

• Revised and updated all meterial for discussion with Strategic Market
• Reviewed the positioning and value proposition of the company
• Contacted  strategic investors with strong focus in the Waste Water Market and potential buyers previously contacted
• Negotiated the best terms for the company with the potential buyers

Result

• Completed a transaction with a large public company in the waste water market
• Deal was close in less than 2 months
• All employees joined the acquiring company except 3