Background

• Water Technology company that has developed an innovative system to detect the presence of micro-organism water
• Investors group include VC, Angels, University Licensing Branch  and Private investors
• Significant capital was invested in the company since inception  to validate the technology and manufacture a beta unit
• Company was still burning cash and had a small number of units  in the market

Mandate

• Find a  strategic  acquirer that will support the growth of the business and pay a premium for the synergies. The ideal strategic acquirer will  use the technology as a platform to build a large water monitoring group and will recognize the value of the patent portfolio

Activity

• Developed material for discussion with Strategic Market
• Revised the business plan and financial forecast
• Benchmarked the financial projections against competitors in the Water Industry
• Prepared a case by case value proposition for each Strategic Acquirer
• Contacted the key Strategic Players in the Water industry
• Negotiated with potential acquirers the best terms for the investors

Results

• Completed a transaction with a Blue chip corporation based in Europe
• Transaction exceeded Investor expectation
• The acquired was use as a platform to launch a water monitoring division within the parent company