Boston Partners Dave Kantaros and Chris McKenna represented Beco, a mobile workplace analytics platform, in its acquisition by Convene, a workplace hospitality platform. Beco collects and leverages real-time location data to help run office buildings more efficiently. Its acquisition will help accelerate the growth of Convene’s technology business and provide its commercial real estate landlord … Continue reading this entry
Tags: Acquisition, Beco, Convene
Foley & Lardner is advising Black Duck Software, Inc. on its pending sale to Synopsys. Massachusetts-based Black Duck is a leading provider of automated solutions and open source software. Synopsys provides high-quality, silicon-proven IP solutions for SoC designs. Under the terms of the definitive agreement, Synopsys will pay approximately $565 million, or $548 million net … Continue reading this entry
Tags: Boston, M&A
As tech founders and executives contemplate the possibility of exiting their companies, there are multiple factors they must consider. On May 3rd at FoleyTECH Chicago 2016, four seasoned entrepreneurs came together to discuss their different reasons for, approaches to and ideas about selling a company.… Continue reading this entry
Tags: Exit, Liquidity Event, Sale, Selling a Company
There comes a time when just about every reasonably successful startup gets an exit opportunity. For founders, these moments are triumphant. You’ve dedicated years of your life to building something, and now somebody wants to pay you a lot of money for it. That’s not only rewarding, it’s also validating. Trouble is, an offer is … Continue reading this entry
Tags: Breakup Fee, Exit, FoleyTECH, Letter of Intent
Choosing to sell is only the first of many complicated decisions founders make when considering an exit. Founders face countless challenges at this crucial turning point for their company. At the 2015 FOLEYTech Summit, Susan Pravda, Foley’s Boston Office Managing Partner, led panelists David Friend, Co-Founder and Executive Chairman of Carbonite, Inc.; Ron Gruner, Co-Founder … Continue reading this entry
Tags: Exit, Founder, IPO, Liquidity, M&A, Sale
Nearly every founder or executive considers selling their company at one point or another. Before embarking on the complex process, it is crucial for the company leaders – especially within the ever-evolving tech community – to ensure their strategy encompasses all aspects of a sale, from understanding the environment to being accurate with pricing expectations. … Continue reading this entry
Nearly every founder or executive considers selling their company at one point or another. Before embarking on the complex process, it is crucial for the company leaders – especially within the ever-evolving tech community – to ensure their strategy encompasses all aspects of a sale, from understanding the environment to being accurate with pricing expectations. … Continue reading this entry
Nearly every founder or executive considers selling their company at one point or another. Before embarking on the complex process, it is crucial for the company leaders – especially within the ever-evolving tech community – to ensure their strategy encompasses all aspects of a sale, from understanding the environment to being accurate with pricing expectations. … Continue reading this entry
Nearly every founder or executive considers selling their company at one point or another. Before embarking on the complex process, it is crucial for the company leaders – especially within the ever-evolving tech community – to ensure their strategy encompasses all aspects of a sale, from understanding the environment to being accurate with pricing expectations. … Continue reading this entry
Nearly every founder or executive considers selling their company at one point or another. Before embarking on the complex process, it is crucial for the company leaders – especially within the ever-evolving tech community – to ensure their strategy encompasses all aspects of a sale, from understanding the environment to being accurate with pricing expectations. … Continue reading this entry
Earlier this month, the news reported that several automakers, including BMW, Audi and Daimler, agreed to acquire HERE Global (Nokia’s map business) for $2.8 billion. Reuters reported that HERE’s primary competitor is Google Maps, and that the automakers outbid Uber and Baidu. Why would the automakers pay billions for an alternative to Google Maps? What … Continue reading this entry
Join us on October 1, 2015 as we explore how the evolution of technology has transformed business and altered the investing landscape. Our 11th annual FOLEYTech Summit will bring together tech entrepreneurs, executives, managers, investors and advisers.… Continue reading this entry
Even before dealing with the intricacies of nondisclosure agreements, employment offer letters, stock restriction agreements, and incentive plans, it is not unusual for founders to have already dreamt of an IPO or sale event. In fact, it is crucial for founders to consider when and how to make that ultimate decision to sell their companies … Continue reading this entry
In the early stages of a new venture, things move quickly. An entrepreneur will talk with many different potential team members, some of whom aren’t a good fit, some of whom become co-founders and valued long-term partners, and some of whom may seem like a good fit but ultimately don’t come aboard or add value. These … Continue reading this entry
Young companies deal with a million moving parts, and typically without enough personnel bandwidth or financial resources to handle it all. Every bit of progress is thrilling, but founders are stretched thin, pushing as hard as possible for that next product milestone, that next investment, and paying bills for that next month of operating costs. … Continue reading this entry
When rumors start swirling that a company is thinking about going public, two groups often come running. First to the front door are the investment bankers, who want to both take you to the IPO and represent you afterwards on secondary offerings, acquisitions and the like. Right behind the bankers are often the strategic acquirers. … Continue reading this entry
Most sellers know that preparing for a sale requires certain homework, such as cleaning up business and corporate records, and considering key employee retention arrangements. Another important way to prepare for a sale is to be ready to negotiate deal structure.… Continue reading this entry
Posted in M&A Issues
Posted in Investment; M&A Issues; Shareholder Issues
Posted in Investment; M&A Issues
Posted in Employee Issues; Legal Issues; M&A Issues
Posted in Financing Issues; M&A Issues
Posted in M&A Issues; Startup Issues; Tax Issues