Location: Manchester, NH
Industry: IT- Computer Software and Services
DVS Role: Buy-Side Advisory to Corporate Executive
The Buyer: Mr. Sean Kline is a high level corporate executive with vast experience in product management and marketing within the Information Technology Industry.
The Seller: Turbotek is a technology solutions provider to businesses, government agencies and educational institutions. Their services include technology procurement, implementation, system design, support and consulting.
The Close: The buyer wished to invest in a company in the very challenging computer software and services space. Sellers in this industry typically have very high price expectations with makes financing difficult to secure. DVS worked with the both parties to arrive at a highly creative financing structure that was also agreeable to the bank. DVS sourced the financing and coordinated the efforts of all advisers to complete the transaction with its novel structure.