NEW PORT

PARTNERS

Distressed Public Technology Company
Company Transformation. Market Cap Growth from $50M to $2B.
Solutions
-
Transformed hardware product company into a global wireless device-to-cloud SaaS company. $220M new product revenue in 24 months.
-
Recruited new senior management team from leading global companies, refreshed board of directors, attracted new investors
-
Raised $150M in new capital from a Private Placement (PIPE), issued new convertible bond and eliminated all bank debt
-
Successfully divested nonstrategic operations to strengthen balance sheet
-
Raised profile on Wall Street through extensive non-deal roadshows (NDR) and investor interest via multiple appearances on Mad Money, Fast Money and Fox Business
Results
-
Increased shareholder value from $50M to $2B
-
Shares reached 20-year high
-
Recruited new senior management team from leading global companies, refreshed board of directors, attracted new investors
-
Raised $150M in new capital from a Private Placement (PIPE), issued new convertible bond and eliminated all bank debt
-
Successfully divested non-strategic operations to strengthen balance sheet
-
Raised profile on Wall Street through extensive non-deal roadshows (NDR) and investor interest via multiple appearances on Mad Money, Fast Money and Fox Business

Get in Touch
This is a Paragraph. Click on "Edit Text" or double click on the text box to start editing the content.